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Not What You Meant?  There are 23 definitions for Substitution.  Also try: Allocation or NBS or MOP or Normative.

Active Fiscal Policy

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About 1 pages (35 words)
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Routledge Dictionary of Economics, Second Edition

active fiscal policy (H3, H5)

Frequently used discretionary fiscal policy Using this, a government makes many changes in its spending and taxation, instead of relying on automatic stabilizers, to achieve a desired level of aggregate demand.

This is the complete article, containing 35 words (approx. 1 page at 300 words per page).

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Active Fiscal Policy from Routledge Dictionary of Economics, Second Edition. ISBN: 0-203-00054-4. Published: 2005–06–05. ©2009 Taylor and Francis. All rights reserved.



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