Expansionary policy (扩张性政策 kuòzhāngxìng zhèngcè) refers to a type of macroeconomic policy that aims to stimulate economic growth. It is used by central banks or governments during economic downturns to counteract the adverse impact on the economy. Common tools include providing transfer payments, lowering interest rates, reducing reserve requirements, etc.
- 扩张 (kuòzhāng) derive from
- 政策 (zhèngcè) derives from
Expansionary policy (扩张性政策 kuòzhāngxìng zhèngcè) word examples:
- Expansionary monetary policy (扩张性货币政策 kuòzhāngxìng huòbì zhèngcè).
- Expansionary fiscal policy (扩张性财政政策 kuòzhāngxìng cáizhèng zhèngcè).