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Suppose there is a fiscal expansion and the central bank controls the interest rate. Which of the following is a complete list of the variables
Suppose there is a fiscal expansion and the central bank controls the interest rate. Which of the following is a complete list of the variables that must increase as a result of the fiscal expansion?
Select one:
a.Consumption and investment.
b.Consumption.
c.Consumption and output.
d.Consumption, output and investment.
e.Consumption, output and the interest rate.
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