Which of the Following Sequences Best Represents the Crowding-Out Effect $\uparrow \Rightarrow$

Multiple Choice

Which of the following sequences best represents the crowding-out effect?

A) government purchases $\uparrow \Rightarrow$ GDP $\uparrow \Rightarrow$ supply of money $\darr\Rightarrow$ equilibrium interest rate $\uparrow \Rightarrow$ quantity of goods and services demanded $\darr$

B) government purchases $\darr\Rightarrow$ GDP $\darr\Rightarrow$ demand for money $\darr\Rightarrow$ equilibrium interest rate $\darr\Rightarrow$ quantity of goods and services demanded $\darr$

C) government purchases $\uparrow \Rightarrow$ GDP $\uparrow \Rightarrow$ demand for money $\uparrow \Rightarrow$ equilibrium interest rate $\uparrow \Rightarrow$ quantity of goods and services demanded $\darr$

D) taxes $\uparrow \Rightarrow$ GDP $\darr\Rightarrow$ demand for money $\darr\Rightarrow$ equilibrium interest rate $\uparrow \Rightarrow$ quantity of goods and services demanded $\darr$