please answer by your knowledge and if don't know then don't attempt and i don't want chegg repeated answer as it was fully ai content and wrong

And do make graphs on paper it will be ok for me dont put ai made graphs

Consider a negative shock to consumption ( { EMBED Equation. 3} drops). a) Assume perfect capital mobility, a small open economy, and a fixed exchange rate system. What is the effect on the money supply and output? Show this in a diagram and explain your answer. b) This is a follow up on the previous question (still a small open economy and a fixed exchange rate system). Explain that when capital controls are imposed, reducing net capital flows to zero, the central bank regains control over monetary policy in response to the negative demand shock, but only in the short run and not in the long run. Show this in a diagram as well. c) Now assume that there are two large countries, the US and Europe, with a fixed exchange rate system and perfect capital mobility. The drop in consumption occurs in the US. Show in a diagram how the shock is transmitted to the rest of the world if the U.S. central bank has responsibility for maintaining the peg. Why does output rise or fall in the rest of the world? d) Consider a small open economy, a float and perfect capital mobility. Assume that the central bank adopts the following monetary policy: { EMBED Equation. 3} where and are parameters that are both positive. The first term on the right hand side is the output gap (deviation from full employment output). The second term is the deviation of the exchange rate from its value during the previous period. Under this monetary policy, show in a diagram the impact of the drop in consumption. Explain what causes the schedules in the diagram to shift