In response to the Coronavirus, the U.S. fiscal government intervenes to stimulate the economy. In particular, the U.S. Congress passes a large fiscal stimulus bill consisting of increased health-care related spending to combat to virus, transfers to individuals (direct payments, paid sick-leave, extended unemployment benefits, increase in different welfare programs), and tax cuts. For each assumption below, describe how the different parts of the AS-AD model are affected and why. Be as specific as possible. a. The Ricardian equivalence holds true. b. The marginal propensity to consume to transitory income shocks is significant