If expansionary fiscal policies in the United States lead to increased budget deficits, what will happen to real interest rates in the United States and the value of the dollar? If expansionary fiscal policies in the United States lead to increased budget deficits, what will happen to real interest rates in the United States and the value of the dollar? Real interest rate - increase Value of currency - increase Real interest rate - increase Value of currency - decrease Real interest rate - decrease Value of currency - increase Real interest rate - no change Value of currency - decrease