Please state which of the options is the correct answer and explain why this is. Additionally, please also explain why the other answers are incorrect. (If the reasoning for the correct answer and incorrect answers are not adequately provided, your answer will be sent back to coursehero). Thank you.

Which of the answers below lls in correctly the blanks in the following statement? If in the open economy version of the IS-LM model, there is a scal contraction (leftward shift of IS) accompanied by a monetary expansion,then the interest rate will ,the exchange rate will and the level of domestic income will a. fall; rise; fall; b. fall; fall; rise; c. fall; rise, fall or remain constant; fall; d. None of the other answers; e. fall; fall; rise, fall or remain constant