It shows deep thoughtfulness that you are considering the character of the Fool in this way, for this is the kind of questioning that has kept scholars discussing and analyzing this (and all of Shakespeare's plays!) through the centuries.
However, if you are interested in a definitive answer, then I'm afraid you'll simply have to rely on the literal evidence of the text. And, as far as characters in his plays, Shakespeare was clear, obvious and direct. If a character appears onstage and is visible to all, then that character holds conversation and is included in the action. And this is true for the Fool.
If Shakespeare, on the other hand, meant a character to be an apparition or visible only to one character, then...
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