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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 passed! I did not get a chance to tell you before the exam - but your site was excellent. I will definitely take it next year for Level II.
Tamara Schultz
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.