Need fast 97,98,99,100

C 19 97. The demand for money curve represents the relationship between the quantity of money demanded and: A. the price level. B. the quantity of money supplied. C short-term interest rates. 98. The crowding-out model implies that a: A. budget deficit will stimulate aggregate demand and trigger a multiplier effect which will lead to inflation B. budget surplus will retard aggregate demand and trigger an economic downturn. C. budget deficit will increase the real interest rate and thereby retard private investment. 99. Robert Necco and Nelson Packard are economists at Economic Research Associates. ERA asks Necco and Packard for their opinions about the effects of fiscal policy on real GDP for an economy currently experiencing a recession Neoco states that real GDP is likely to increase if both government spending and taxes are increased by the same amount Packard states that if both government spending and taxes are increased by the same amount, there is no expected net effect on real GDP. Are the statements made by Necco and Packard CORRECT? Neece Packard A) Correct Incorrect B) Incorrect Correct C) Incorrect Incorrect 100 Assuming the federal government maintains a balanced budget, the most likely effects of a tax increase on government expenditures and real GDP are: Government Expenditures Real GDP A) Increase Decrease B) Decrease Decrease C) Increase Increase inflation rate 17% during a recessionary period of real GDP