Please help me with the following question in the picture below

Consider the following variant of the ISLMPC model with an upwardsloping LMcurye: Yt = ClYtTt] + llYt, it] + Gt (IS) we 4min) ILM} r[t Htl = l/lllllvt Yo) [PC] Where L denotes the labor force, l(i] is the liquidity preference function, i is the nominal interest rate, MIP is the real money supply, Y is the level of output, and Yr, is potential output. a. Draw the ISLMPC model in an initial equilibrium with Ht Ht_1 = U and Y = Y\". b. Suppose there is a sudden negative shock to consumer condence. What is the impact of the decline in consumer confidence on output, inflation, and the interest rate in the short run? Graph it. c. What is the impact of the decline in consumer confidence on output, inflation, and the interest rate in the medium run? Graph it. What is the mechanism that connects the short run to the mediumrun [hint: with an upwardsloping LM curve, we are modeling the central bank as controlling the money supply, rather than the interest rate}