Austerity is a set of economic policies imposed on economies su... - dofaq.co
austerity

Austerity is a set of economic policies imposed on economies su...

wikipedia - 16 Jul 2015
Austerity is a set of economic policies imposed on economies such as: cutting the state’s budget to stabilize public finances, restore competitiveness through wage cuts and create better investment expectations by lowering future tax burdens. Policies grouped under the term 'austerity measures' may include spending cuts, tax increases, or a mixture of both, and may be undertaken to demonstrate the government's fiscal discipline to creditors and credit rating agencies by bringing revenues closer to ex

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