Below is an excerpt from money.cnn.com/2021/6/26/. Use the IS-LM model to determine the effects suchchange will have on the general equilibrium values on the real wage, employment, output, real interest rate,consumption, investment, and price level in the Bahamas.(250 words maximum) While there is no way to tell exactly what the economic damage from the global COVID-19 coronavirus pandemic will be, there is widespread agreement among economists that it will have severe negative impacts on the global economy. Early estimates predicated that, should the virus become a global pandemic, most major economies will lose at least 2.9 percent of their gross domestic product (GDP) over 2020. This forecast was already restated to a GDP loss of 3.4 percent. To put this number in perspective, global GDP was estimated at around 84.54 trillion U.S. dollars in 2020 - meaning that a 4.5 percent drop in economic growth results in almost 2.96 trillion U.S. dollars of lost economic output.