After a meeting, the Federal Open Market Committee (FOMC) decides that the state of the economy warrants actions to increase real interest rates. a. As a result of the increase in real interest rates, consumption, investment, government spending, and net exports will all decrease increase remain the same . b. With the increase in real interest rates, output will increase remain the same decrease , inflation will remain the same increase decrease , and unemployment will decrease remain the same increase c. Each of the following situations would cause the FOMC to consider increasing rates except one. The exception is high inflation. a large positive output gap. high inflation and a large positive output gap. a negative output gap and low inflation.