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Which of the following quotations from business people correctly indicates a negative effect of expansionary fiscal policy? Select one: O a. House sales are down

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Which of the following quotations from business people correctly indicates a negative effect of expansionary fiscal policy? Select one: O a. "House sales are down a lot, due to the higher interest rates." O b. "Business are investing more, now that interest rates are higher." O c. "The fiscal policy is raising taxes, which is slowing down spending in my industry." O d. "House prices are booming too much, due to the higher interest rates."

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