【每日一练】CFA 一级（2015年）

Question：

An expansionary fiscal policy is least likely to include an increase in: 
A. tax rates. 
B. budget deficit. 
C. government expenditures. 

Answer = A 
An expansionary fiscal policy means that the government increases its purchases of goods and  services and/or cuts tax rates to increase aggregate demand. Furthermore, an increase in the budget  deficit would be associated with an expansionary fiscal policy.

CFA Level I
“Monetary and Fiscal Policy,” by Andrew Clare and Stephen Thomas
Sections 3.1.1–3.1.2

更多精彩：

这可能是目前zui快通过CFA、FRM双证的捷径了

通过CFA一级需要花费多长时间？