Directions: In your notebook write down each scenario, For the following scenarios, starting at full employment, graph the following scenarios. Identify whether AD or AS is shifting. Identify the shifter. Draw the change. (Do not assume any other changes ceteris paribus). I will go over this tomorrow with you! An increase in consumer spending 2 . The impact on net exports When a trading partner has a recession 3. A significant increase in the price of oil that affects the resource costs of businesses 4. Government increases spending but not taxes 5. Increase in wages that businesses pay workers 6. Effect on businesses when they expect inflation 7. Effect on investment when interest rates decrease 8.An increase in productivity 9. The impact on net exports when the trading partners country's currency depreciate 10. Government increases corporate taxes