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using an online sketch program such as https:sketohiofsketohpadf er , using your own computer-based sketch program, uploading a photograph of a gure drawn on paper.
using an online sketch program such as https:sketohiofsketohpadf er , using your own computer-based sketch program, uploading a photograph of a gure drawn on paper. 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: the government increases spending. 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".(O.5 marks) 2. Indicate market or markets where the shock originates {primary market or markets) with asterisk. Include on your graph the direct effect of the initial shock in all markets with green colour and label with the letter "B" . {1 mark) 3. Include new equilibrium on your graph in all markets with red colour and label with the letter "C" . {1 mark) For this question you will be required to upload an original figure. You may generate your figure
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