Assertion: expansionary fiscal policy | /r/CapableOf | increase government spending
Facets:
Source sentences:
text: In a recession, an expansionary fiscal policy involves lowering taxes and increasing government spending.
text: Expansionary fiscal policy stimulates the economy by lowering taxes, increasing government spending, and providing more transfer payments to businesses in order to combat unemployment and increase aggregate demand.
text: Crowding Out Because an expansionary fiscal policy either increases government spending or reduces revenues, it increases the government budget deficit or reduces the surplus.