Seeing is believing!
Before you order, simply sign up for a free user account and in seconds you'll be experiencing the best in CFA exam preparation.
Basic Question 1 of 8
Which of the following is an example of a contractionary fiscal policy?
II. Increased taxes
III. Decreased taxes
IV. Increased spending on highways
V. A decrease in the money supply
I. Increased defense spending
II. Increased taxes
III. Decreased taxes
IV. Increased spending on highways
V. A decrease in the money supply
User Contributed Comments 6
User | Comment |
---|---|
Khadria | "V. a decrease in the money supply" is a contractionary "monetary" policy |
hoyleng | V is a monetary policy, not a fiscal policy. |
gill15 | V is a monetary policy anybody else...make it shorter |
ashish100 | V -> Monetary |
khalifa92 | V Monet. |
Mheaton37 | V = Mon. |

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.