Tending to cause aggregate output (GDP) and/or the price level to rise. Term is typically applied to monetary policy (an increase in the money supply or a decrease in interest rates) and to fiscal policy (an increase in government spending or a tax cut), but may also apply to other macroeconomic shocks. Contrasts contractionary.
Found on
http://www-personal.umich.edu/~alandear/glossary/e.html
tending toward expansion: an expansionary economy.
Found on
https://www.infoplease.com/dictionary/expansionary
No exact match found.
