0 used to describe a set of conditions during which something increases in size, number, or importance :
Once in place, such expansionary systems were destined to face cutbacks in one way or another.
Government came under pressure to adopt expansionary measures and decided to relax both monetary and fiscal policy.
By the same token, politicians who choose restrictive fiscal and monetary policies over more expansionary alternatives are not necessarily defying the laws of political gravity.
The latter therefore became impervious to foreign threats and thus were encouraged in their expansionary ardour.
This occurs because the built-in benefit decreases are roughly offset by the expansionary benefit changes that are also included in the plan.
That is, whether a positive shock to demand (say, associated with an expansionary period) generates greater or lower productivity growth is not clear-cut.
The same also occurs when an expansionary monetary policy is accompanied by a fiscal contraction.
This implies that an expansionary fiscal contraction is more likely if the contraction is brought about by cuts in transfers.
