(1) (ii) (iii) (iv) Read the article extract below and answer the following questions: Singapore's economy performed worse than expected in the second quarter. Ms. Selena Ling, head of treasury research and strategy at 0030 Bank, told The Straits Times: \"It does look like the risk of a technical recession is growing by the day.\" She added \"we are not that hopeful on trade", noting that President Trump tweeted ovemight on how China was letting the US down by not buying the agricultural products that it said it would. Another area of concern is how the slowdown could hit the Mmarket, said Ms Ling. There is an \"emerging softening" in services, suggesting consumer confidence may be dented and people are tightening their purse strings. Source: Yr, 3. B. (2019, July 12). Singapore's economy grows just 0.1 % in 02, lowest in decade and worse than expected. Retrieved from httpstwwstraitstimes.comfbusinessieconomylsingapore- economy-grows-just-01-in-q2-lowest-in-decade-and-worsethan-expected Explain the two factors mentioned to have caused the poor economic performance. Include the specic Aggregate Demand components that are affected by these factors specically. Illustrate how (i) would shift the Aggregate Demand curve using the AD- AS diagram. Assume that the Singapore's economy is currently at its real potential GDP. Explain the appropriate scal policy that could help the economy. [Be sure to include the specic fiscal tool(s) in your explanation] Suppose the economy is short of $500 billion to achieve its potential real GDP. Does the govemment need to spend this amount to reach this ideal state? Explain your