Exact(44)
When fiscal policy is contractionary, expansionary monetary policy can help make up the difference.
These kinds of knee-jerk, poorly reasoned decisions are what happens when fiscal illusion reigns.
It becomes virtually impossible when fiscal and other policies are working at cross-purposes.
And it's happening when fiscal policy is being tightened and the Australian dollar is restrictively high".
Arts programs have historically been targeted when fiscal constraints require government belt-tightening.
"When fiscal conservatives and social conservatives join forces, we're unbeatable," Mr. Lonegan said.
Similar(16)
The practices were so widespread that employees joked that C.A. stood for "Creative Accounting," and that March, June, September and December, when fiscal quarters end, had 35 days, giving the company extra time to close sales and book revenue.
When fiscal year 2004 skidded to an end July 3, tangible shareholders' equity was a negative $1.1 billion after subtracting goodwill and an off-balance-sheet $1 billion pension deficit.
Additionally, there were negligible differences when fiscal year of admission was incorporated into the model.
They should have paid attention to the examples of Japan in 1997 (or America in 1937) when premature fiscal tightening derailed recoveries.Whereas most outsiders think Japanese fiscal policy was a failure, Mr Koo argues it was an enormous success.
First, timing: when should fiscal and monetary tightening begin?
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