just some guided help please.

4) Question for this week: what are the implications for stabilization policy of a "flattened" Phillip's curve? Before responding, you should try drawing a steep Phillip's curve and a flat Phillip's curve and think about that means for the tradeoff between inflation and unemployment 6) State governments are usually required by state constitutions to balance their budget each year. What would be the pros and cons of requiring the Federal Government to balance its budget