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what is Pump Priming, what does Pump Priming mean?

April 26, 2017mean pump priming

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what is Pump Priming, what does Pump Priming mean?

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Pump Priming The theory that it is possible to help the economy to recover from a slump by increasing purchasing power in the economy, for example by reducing prices. The name comes from an analogy with a mechanical pump, which requires an initial amount of water before they begin to work.