Neo-Classical Phillips Curve The previous chapter introduced the Phillips curve from a Keynesian perspective, and in that section, we saw a tradeoff between Inflation and Unemployment. picture1.jpg When we look at this from a long-run, Neo-Classical perspective in Section 2, we see the Phillips Curve become vertical, indicating no relation between Unemployment and Inflation. picture2.png In this discussion, your task is to: Explain why we see this difference in the Short-run and Long-Run, and create a practical example to illustrate this difference. Explain an advantage of thinking in the Long-Run