Canada has initiated a number of policies aimed to support the income of Canadians during this Covid 19 crisis, such as tax deferrals and the Canada Emergency Response Benefit. . In addition to the policies, the Canadian government is also offering a 75% wage subsidy to small and medium businesses. Predict the impact of this policy on income, the price level and the interest rate using the AS-AD model. Use a diagram and make sure that you give a detailed explanation of the economic reasoning behind the change in each variable.