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County Z is experiencing the problem of high unemployment and low Real GDP. a) According to Classical Economists, what should Country Z do to tackle
County Z is experiencing the problem of high unemployment and low Real GDP.
a) According to Classical Economists, what should Country Z do to tackle this problem? Use the
AD-AS model (diagram) to discuss in detail.
b) According to Keynesian Economists, what should Country Z do to tackle this problem? Use
the AD-AS model (diagram) to discuss in detail.
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