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Basic Question 1 of 12
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 used your notes and passed ... highly recommended!
Lauren
Learning Outcome Statements
describe tools of fiscal policy, including their advantages and disadvantages;
explain the implementation of fiscal policy and difficulties of implementation;
determine whether a fiscal policy is expansionary or contractionary;
CFA® 2024 Level I Curriculum, Volume 2, Module 12.