Need some help with this prompt incorporating the AS-AD model. The US economy has been experiencing signs of a recession since the beginning of the global pandemic. In this project you are asked to critically asses the events taking place in the US economy and the monetary and fiscal policies instituted in the wake of the crisis.To guide your thinking, you might consider the following questions: How the pandemic impact the national economy? What has been the role of monetary and fiscal policies? Was the fiscal stimulus effective? What has been the response of the FED? Did monetary and/or fiscal policies improve economic conditions? With the benefit of hindsight, did these policies have unintended consequences? Did the US economy came back to the levels of output and employment experienced on the eve of the pandemic?