Problem
What is the Short run/Keynesian Philips curve? How does Friedman's concept of the long run Philips curve refute the idea of the short run/Keynesian Philips curve? What is the connection between the long run Philips curve and the Natural rate of unemployment?
The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.