Please Answer all: Q/ Use the AD/AS model to illustrate the following. Draw 7 graphs by hand. Show how the AD or the AS curve shift and in what direction (left or right). Also state what happens to equilibrium real GDP (Y), employment, and the equilibrium price level.

• an increase in government spending and/or transfer payments
• restrictive fiscal policy
• expansive monetary policy
• increase in investment according to Keynesians
• increase in investment according to supply-side economists
• self-correcting mechanism for an inflationary gap
• a stock market crash