Problem
1. What is Okun's Law? How does it combine with Phillips curve analysis to derive the short-run aggregate supply curve?
2. Why does the short-run aggregate supply curve slope upward?
3. What causes the long-run aggregate supply curve to shift?
4. What causes the short-run aggregate supply curve to shift?
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.