I will give you 3 scenario. draw an AS/AD graph for each scenario. You also need to

Fantastic news! We've Found the answer you've been seeking!

Question:

I will give you 3 scenario. draw an AS/AD graph for each scenario. You also need to include 3 things... explain if it decreases/increase/ can't determine on a price level, real gdp (to be honest i dont know the actual instructions) but try your best. please also tell me what shifts and why, like the lras? sras? ad? etc. label correctly. thank you

1st Scenario: - Government increase spending in surplus economy.

2nd scenario -Description on manufacturing chain which made business hard to find input. The government send out small gas rebate.

3rd scenario-Consumer confidence decrease in pandemic.

Draw graphs with AD, SRAS, and LRAS to explain what happens for each of the following scenarios. You should have separate graphs for each scenario. Indicate how the curve(s) shift and where the new equilibrium would be. Briefly explain if there is an increase or decrease in the price level and Real GDP due to these situations.