Can you please show and explain how to get these answers

4. A closed economy is currently at its full-employment level of output. Some rms in this country sticlg prices and others have fully flexible prices. There is an increase in government purchases. a) (10 points) Starting from the asset market and/or goods market equilibrium graph, ceteris paribus, show how this will impact the PS-AD model. (There should be at least three graphs. Be sure to label all axes, curves, shifts, and equilibria.) What will happen to prices and output in the short and long run [compared to the initial equilibrium)? b) {6 points) Briey explain how the economy will transition from the short-run equilibrium to the long- run equilibrium (based on your answer for part a). (You should discuss curve shifts but be sure to also discuss what is causing the curve to shift and what impact this has.) PageLl/B Q'l