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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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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.