Unemployment and inflation are an economy's two most important macroeconomic issues. The federal government's fiscal policy and the Federal Reserve's monetary policy try to maintain both a low unemployment rate around a natural rate and a low inflation rate around 2%.

Concerning the topic above related to the US economy, what can you tell me about the short-run (where prices and wages are sticky and tend not to change) versus the long run (where prices and wages are fully flexible and adapt to change in our economy)