For each of the following events, indicate whetherit causes a demand-side or supply-side change, other things equal,and howthe changewill affect that side of the economy.

Draw the graph and show if AD is affected or AS is affected for each event and does GDP increase or decrease

1. Consumers become more pessimistic about the economy.
2. Technological changes enable workers to be more productive.
3. Manufacturing firms expect steel prices to decrease significantly.
4. Employers are required to provide paid sick leave to part-time as well as full-time employees.
5. Government spending increases.
6. A hurricane destroys manufacturing plants.
7. A stock market crash reduces people's wealth.
8. The spread of democracy around the world increases consumer confidence in the United States.
9. The United Statesenters into an arms race with China, resulting in a significant increase in military spending.
10. A revolution in Iran results in a significant reduction in the world's supply of oil.
11. A new computer chip is developed that is faster and cheaper than previous chips.