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Bad White [126]
3 years ago
14

What are the stimulus and austerity strategies

Advanced Placement (AP)
1 answer:
andreyandreev [35.5K]3 years ago
4 0
<span>Stimulus strategy is the increasing of  monetary expenses to kick start economic growth during recession which can be accomplished by the government by lowering interest rates, increasing government spending and quantitative easing. While the Austerity strategy is the reduction of government expenses to balance the budget through spending cuts, tax increases, or both.</span>
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