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In what ways is contractionary fiscal policy in the United States likely to affect domestic interest rates and the international value of the dollar? a.

In what ways is contractionary fiscal policy in the United States likely to affect domestic interest rates and the international value of the dollar?

a.

Interest rates increase and the dollar depreciates

b.

Interest rates decrease and the dollar appreciates

c.

Interest rates increase and the dollar appreciates

d.

Interest rates decrease and the dollar is not affected

e.

Interest rates decrease and the dollar depreciates

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