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Understanding Expansionary and Contractionary Fiscal Policy and Their Impact on Daily Life

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Fiscal policy decisions affect more than economies—they influence everyday life. Expansionary policies aim to create jobs and spur growth during slowdowns, while contractionary policies fight inflation by reducing spending and raising taxes. This guide explains both strategies in detail, with easy-to-follow examples and real-world relevance. Readers will see how fiscal policy shapes w... https://financebesty.com/expansionary-and-contractionary-fiscal-policy/
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