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Basic Question 2 of 2
A cut in defense spending is an example of a(n) ______.
B. expansionary fiscal policy
C. contractionary fiscal policy
A. expansionary monetary policy
B. expansionary fiscal policy
C. contractionary fiscal policy
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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 tools of fiscal policy, including their advantages and disadvantages
CFA® 2025 Level I Curriculum, Volume 1, Module 3.