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3. In examining the impact of fiscal policy, it is assumed that: a. consumption, investment, and the interest rate are e
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3. In examining the impact of fiscal policy, it is assumed that: a. consumption, investment, and the interest rate are endogenous variables. b. consumption, investment, and the interest rate are exogenous variables. c. government purchases, taxes, and interest rates are endogenous variables. d. government purchases, taxes, and interest rates are exogenous variables.