Expansionary policy

Expansionary policy is a form of macroeconomic policy that seeks to encourage economic growth. Expansionary policy can consist of either monetary policy or fiscal policy (or a combination of the two). It is part of the general policy prescription of Keynesian economics, to be used during economic slowdowns and recessions in order to moderate the downside of economic cycles—Read more at Investopedia. Chappelow, Jim. “Expansionary Policy.” 29 August 2019