Using the AD-AS model demonstrate the implications for the Singaporean economy from the following 3 events separately. Illustrate each scenario and briefly discuss any underlying assumptions impacting each of your models. Discuss also how each of these would impact your client as well as the economy in Singapore. 2. After wars and conflict end around the world and climate targets are met, a global sense of optimism about the future returns. 3. Royalty payments on Intellectual Property use rise