Please list and answer the following questions: Q1. Distinguish between neoclassical and Keynesian economists. (In some texts neoclassical is referred to as monetarist.) Q2. What are the factors that make up the AD curve? QB. How do changes in private investment affect the AD curve? Q4. What are two factors that cause the AS curve to shift? QS. What effect does a reduction in taxes have on the AD curve? Q6. What effect does a reduction in taxes have on the AS curve? Q7. Considering what you know about the current levels of nonfarm payroll and unemployment, in what area of the AD-AS curve is the US. economy? Explain why this is the case? Q8. Suppose the economy is at full potential and the federal government institutes a policy of fiscal stimulus to the economy? What is the result in output? What is the result in the price level? (Remember in the short run we can produce beyond potential GDP, but in the long run, we will get a price level adjustment.)