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- financial / fiscal / spending restraints [ U ] the act of preventing something from growing or increasing: The oil industry is exercising restraint.
dictionary.cambridge.org/dictionary/english/restraint
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something that limits the freedom of someone or something, or that prevents something from growing or increasing: government spending restraints. Lack of space is the main restraint on the firm's expansion plans. During the recession, the government opted for a policy of pay / wage restraint rather than a reduction in public investment. Synonyms.
- English (US)
RESTRAINT meaning: 1. calm and controlled behaviour: 2....
- Znaczenie Restraint, Definicja W Cambridge English Dictionary
RESTRAINT definicja: 1. calm and controlled behaviour: 2....
- Restraint in Traditional Chinese
RESTRAINT translate: 克制；平心靜氣；冷靜, 阻止；抑制，遏制. Learn more in the...
- Restraint: Catalan Translation
restraint translate: autocontrol, restricció, limitació....
- Restraint: Portuguese Translation
RESTRAINT translate: entrave, restrição, limitação,...
- Restraint: Italian Translation
restraint translate: controllo, riserbo, restrizione,...
- Restraint: Korean Translation
restraint translate: 자제, 규제. Learn more in the Cambridge...
- Wage Restraint
WAGE RESTRAINT definition: the act of reducing the rate of...
- English (US)
- What Is Fiscal Policy?
- Understanding Fiscal Policy
- Types of Fiscal Policies
- Downside of Expansionary Policy
- Fiscal Policy vs. Monetary Policy
- The Bottom Line
Fiscal policy refers to the use of government spending and tax policies to influence economic conditions, especially macroeconomicconditions. These include aggregate demand for goods and services, employment, inflation, and economic growth. During a recession, the government may lower tax rates or increase spending to encourage demand and spur econ...
U.S. fiscal policy is largely based on the ideas of British economist John Maynard Keynes(1883-1946). He argued that economic recessions are due to a deficiency in the consumer spending and business investment components of aggregate demand. Keynes believed that governments could stabilize the business cycleand regulate economic output by adjusting...
Expansionary Policy and Tools
To illustrate how the government can use fiscal policy to affect the economy, consider an economy that's experiencing a recession. The government might issue tax stimulus rebates to increase aggregate demandand fuel economic growth. The logic behind this approach is that when people pay lower taxes, they have more money to spend or invest, which fuels higher demand. That demand leads firms to hire more, decreasingunemployment, and causing fierce competition for labor. In turn, this serves to...
Contractionary Policy and Tools
In the face of mounting inflation and other expansionary symptoms, a government can pursue contractionary fiscal policy, perhaps even to the extent of inducing a brief recession in order to restore balance to the economic cycle. The government does this by increasing taxes, reducing public spending, and cutting public sector pay or jobs. Where expansionary fiscal policy involves spending deficits, contractionary fiscal policy is characterized by budget surpluses. This policy is rarely used, h...
Mounting deficits are among the complaints lodged against expansionary fiscal policy. Critics complain that a flood of government red ink can weigh on growth and eventually create the need for damaging austerity. Many economists simply dispute the effectiveness of expansionary fiscal policies. They argue that government spending too easily crowds o...
Fiscal policy is the responsibility of the government. It involves spurring or slowing economic activity using taxes and government spending. Monetary policy is the domain of the U.S. Federal Reserve Boardand refers to actions taken to increase or decrease liquidity through the nation's money supply. According to the Federal Reserve Board, these ac...
Fiscal policy is directed by the U.S. government with the goal of maintaining a healthy economy. The tools used to promote beneficial economic activity are adjustments to tax rates and government spending. When economic activity slows or deteriorates, the government may try to improve it by reducing taxes or increasing its spending on various gover...
Sep 6, 2024 · Fiscal policy refers to the spending programs and tax policies that the government uses to guide the economy. Governments frequently use fiscal measures along with monetary policy to achieve economic policy goals, including: These three factors lay the general foundation for a government’s economic policy.
Definition - A budget constraint occurs when a consumer is limited in consumption patterns by a certain income. Explaining with budget line and indifference curves.
Fiscal restraint refers to the policy of limiting government spending and avoiding excessive deficits in order to maintain economic stability. This practice is crucial for controlling inflation, managing national debt, and ensuring sustainable economic growth.
It covers all aspects of economics including economic theory, applied microeconomics and macroeconomics, labour economics, public economics and public finance, monetary economics, environmental economics, and many others.
restraint of trade, prevention of free competition in business by some action or condition such as price-fixing or the creation of a monopoly.
