Expansionary policy is a form of macroeconomic policy that seeks to encourage economic growth by increasing aggregate demand. It can consist of either monetary policy or fiscal policy, or a ...

Expansionary fiscal policy isn't the only tool used to combat economic downturns. During some economic cycles, the monetary policy set by the Federal Reserve has been more effective. Here are some ...

What did they mean by fiscal expansion? And, more generally, how can fiscal tools provide a boost to the world economy? Historically, the prominence of fiscal policy as a policy tool has waxed and ...