2 General Equilibrium Model: Government Expenditure Shock Let us consider the following economic shock. By the distribution of stimulus check to residence during pandemic, the autonomous government expenditure G increased by AG. Use the 5-diagram GE model to analyze the impact of this shock. By convention, the initial position of variables are labeled with subscript 1; the short-run equilibrium are labeled with subscript 2 and long-run equilibrium are labeled with subscript 3. 7 (1 point) Which of the following curve(s) is affected by the shove shock a IS b MP c PC d OL e AD F AS g LRro h LRAS 8. (1 point) Within (abed) above, the affected curve(s) will shift (ABCD) by . (EF) amount. A up B down C left D right EAG 1-mpc F AG G No curve from (abed) is affacted 9. (1 point) Within (efgh) above, the affected curve(s) will shift _(ABCD) by (EF) ammint A up B down U left D right AG I-mpc F AG G No curve from (eigh) is allacted