单词	contractionary
释义	contractionary /kənˈtrakʃ(ə)n(ə)ri / adjective Causing or relating to the contraction of a country’s economy: he imposed a contractionary fiscal policy in the form of a tax surcharge the contractionary effects of higher interest rates... Government surpluses drain the private sector of net savings, a very contractionary policy! The IMF programs of stabilization based on fiscal austerity have also been too contractionary. The ILO attributes the jobs crisis to the social effects of contractionary economic policies.
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