1. Draw the Phillips Curve Model, both the short-run and the…

1. Draw the Phillips Curve Model, both the short-run and the long-run.  Assume that the economy is in long-run equilibrium with an NRU at 5% and the long-run expected inflation rate of 2%. (2 points–one for labels, one for numbers placed correctly)  2. Assume that interest rates increase, show on the graph in part one (do not draw a new graph) the change this creates. (1 points) 3. After the change in part 2, assuming no fiscal or monetary policy is implemented, how will economy correct over time? Explain (1 point) and show the change on the Phillips Curve graph you drew in part 1. (1 point)  

Antonio is starting a business. He wants to make sure he cre…

Antonio is starting a business. He wants to make sure he creates a work environment where his employees feel respected and can collaborate effectively. Drawing on what you learned in Section 2 of the course, what advice would you give Antonio for achieving his goal? Share at least 2 specific concepts you think it would be important to tell Antonio about. Explain why you chose these concepts.