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Tinanam0102 Posted 16 years ago
Vocabulary
Expanding its balance sheet
Hi teachers,
And although the European Central Bank is expanding its balance sheet, as the Fed did in 2008 and 2009, Europe is pursuing an entirely different fiscal policy: austerity.
What does "expanding its balance sheet" mean?
Thank you.
Tinanam
And although the European Central Bank is expanding its balance sheet, as the Fed did in 2008 and 2009, Europe is pursuing an entirely different fiscal policy: austerity.
What does "expanding its balance sheet" mean?
Thank you.
Tinanam
Top answer
Making more money. A balance sheet shows how much money you have so to expand it the numbers get bigger.
- Making more money.
- A balance sheet shows how much money you have so to expand it the numbers get bigger.
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2 Answers
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Making more money. A balance sheet shows how much money you have so to expand it the numbers get bigger.
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