| 单词 | fiscal drag |
| 释义 | > as lemmasfiscal drag fiscal drag n. the deflationary effect upon economic growth caused by the tendency of tax revenue to increase faster than the inflation rate when tax allowances remain fixed. ΘΚΠ society > trade and finance > management of money > management of national resources > [noun] > political economy > economic forces or effects overheating1609 consumption1662 supply1744 production1767 demand1776 effective demand1819 employment rate1833 equilibrium1871 opportunity cost1894 bankers' ramp1931 multiplier1936 multiplier effect1937 market forces1942 cost push1952 externality1957 fiscal drag1964 demand-side1975 1964 N.Y. Times 23 June 21/1 Walter W. Heller, the council chief, foresaw a future need to ward off ‘fiscal drag’—meaning a large budget surplus—to keep the expansion of the economy going. 1985 Austral. Business 4 Sept. 14/1 The government's modest increase in projected outlays will be more than offset by fiscal drag. < as lemmas |
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