new government spending to help rebuild after the Australian summer fire Use arrows and numbering of curves as appropriate to indicate the direction of change. It will be helpful if you can use color in your graph as suggested. Consider the IS-LM model for a closed economy and the following shock: Businesses are feeling optimistic. 1. Draw the goods market, money market, and IS-LM in equilibrium. Label all curves, axes and graphs. Use black colour for initial equilibrium. Label the initial equilibrium in each market with the letter "A".(0.5 marks) 2. Indicate m