I only need help on drawing the graph.

Thank you very much.

1. Draw a complete, correctly labeled graph showing a short-run Phillips Curve and the corresponding long-run Phillips Curve. (6 pts) 2. On your graph, label the full-employment rate of unemployment as 4%. (This is also known as the natural rate of unemployment.). (3 pts) 3. Now assume the government implements a contractionary policy to lower the inflation rate in the economy. On your graph above, show what happens in the Phillips Curve model in the short run. (5 pts)