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An increase in the cash rate by the Reserve Bank of Australia will: Select one: a.lead to an increase in consumer spending as confidence in

An increase in the cash rate by the Reserve Bank of Australia will:

Select one:

a.lead to an increase in consumer spending as confidence in the economy grows

b.stimulate the economy

c.lead to an increase in investment as firms are encouraged to borrow more at higher interest rates

d.lead to an increase in other interest rates in the economy

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