Please just answer the multiple choice question. No further explanation is needed, wanted, required. Thank you.

Fiscal policy primarily affects macroeconomic equilibrium in the economy by

Select one:

a.changing the Short-Run Aggregate Supply

b.changing the Aggregate Demand

c.all answers are correct

d.changing the Long-Run Aggregate Supply

Because Australia is an open economy, RBA policies will have

Select one:

a.a smaller impact on the macroeconomic equilibrium compared to a closed economy.

b.no impact on macroeconomic equilibrium because its polices will be offset by the capital inflows and outflows.

c.a larger impact on the macroeconomic equilibrium compared to a closed economy.

d.no impact on macroeconomic equilibrium because its polices will be offset by the movement in the exchange rate

After the cash rate increase by the RBA, we can expect to observe

Select one:

a.increase in the interest rates charged by the commercial banks, which slows consumption spending.

b.exchange rate appreciation if the increase was unexpected by the market

c.all answers are correct

d.increase in the interest rates in the market for loanable funds, which reduces investment spending.

The deposit multiplier is ________ when the reserve ratio is ________.

Select one:

a.small; small

b.the smallest; close to zero

c.large; small

d.large; large

We can expect an increase in the value (appreciation) of the Australian dollar relative to Indian rupiah when

Select one:

a.Indian economy is going into an expansion and Australia's exports to India are large

b.all answers are correct

c.domestic interest rates decrease in Australia but not in other countries.

d.Interest rates increase in India