2. Adjective. (economics) Tending to reduce the size of the money supply. ¹
¹ Source: wiktionary.com
Definition of Contractionary
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Lexicographical Neighbors of Contractionary
Literary usage of Contractionary
Below you will find example usage of this term as found in modern and/or classical literature:
1. An Overview of South African Human Resources Development by Andre Kraak (2005)
"contractionary effects Government's economic achievements with respect to ... The next section highlights the contractionary effects of government's ..."
2. Banking Sector Reform and Credit Control in China by Eric Girardin (1997)
"If they believe that contractionary policies will be short-lived, ... Thus, a contractionary monetary policy will not reduce demand more than supply if it ..."
3. Financial Liberalization and the Internal Structure of Capital Markets in by Miguel Urrutia (1988)
"But towards the end of phase 2 (1981-1982), when the domestic financial crisis exploded, and the contractionary effects of the international recession and ..."
4. Norway by OECD (2005)
"The contractionary effect of developments on the expenditure side of the budget is neutralised by changes in the composition of government revenues. ..."