Meaning of fiscal drag | Babel Free
Definitions
The deflationary pressure on the economy that results from the government's net fiscal position (spending minus taxation) failing to cover the net savings desires of the private economy.
countable, uncountable
Equivalents
Italiano
fiscal drag
CEFR level
B2
Upper Intermediate
This word is part of the CEFR B2 vocabulary — upper intermediate level.
This word is part of the CEFR B2 vocabulary — upper intermediate level.