what is expansionary policy effects?Advertisement
Expansionary policy is traditionally used to try to combat unemployment in a recession by lowering interest rates in the hope that easy credit will entice businesses into ... Hence, if a policymaker's announcements regarding monetary policy are not credible, policy will not have the desired effect. - read more
Expansionary monetary policy involves actions by central banks, such as the Bank of England and the U.S. Federal Reserve, that increase a nation's supply of money. - read more
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