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Basic Question 7 of 8
The primary purpose of a contractionary fiscal policy is to ______
B. reduce unemployment.
C. increase equilibrium income.
A. reduce inflationary pressure.
B. reduce unemployment.
C. increase equilibrium income.
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I am using your study notes and I know of at least 5 other friends of mine who used it and passed the exam last Dec. Keep up your great work!
Barnes
Learning Outcome Statements
describe roles and objectives of fiscal policy as well as arguments as to whether the size of a national debt relative to GDP matters
CFA® 2025 Level I Curriculum, Volume 1, Module 3.