The correct spelling for the phrase "gave shot arm" is "gave a shot in the arm," which means to give something new or exciting to rejuvenate a person or a situation. The transcription using the International Phonetic Alphabet (IPA) for this phrase could be /ɡeɪv ə ʃɑt ɪn ði ɑrm/. "Gave" is pronounced as /ɡeɪv/, "shot" as /ʃɑt/, "in" as /ɪn/, and "the" as /ði/. "Arm" is pronounced as /ɑrm/. Proper spelling and pronunciation are important for effective communication in English language.