4.) Phillip's Curve a.) Draw the Phillips curve in the short run and long run. Mark where a full employment, recessionary gap, and inflationary gap would be. b.) AS decreases, show the resulting change of the Phillips Curve. c.) AD increases because of increased government spending, show the resulting change on the PC. What kind of position is this (full employment, recessionary, inflationary)? d.) Why has the Phillips Curve become less useful in recent times? Is that changing