Can you please help me with this question? Please be as detailed as possible. I am really confused here. Thank you.

(3) Suppose the central bank of a closed economy chooses to target its interest rate. Further suppose the economy is in the global nancial tsunami with huge amount of unemployed resources and close-to-zero interest rate (e.g., between 0% and 0.25%). Draw the IS curve, the LM curve and the full employment output curve (Yn), and indicate the initial position of the economy in the diagram