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Basic Question 7 of 8

The primary purpose of a contractionary fiscal policy is to ______

A. reduce inflationary pressure.
B. reduce unemployment.
C. increase equilibrium income.

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I was very pleased with your notes and question bank. I especially like the mock exams because it helped to pull everything together.
Martin Rockenfeldt

Martin Rockenfeldt

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® 2024 Level I Curriculum, Volume 1, Module 3.