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Q3: What is the classical economists' proposition on the price level and wage rate to restore the economy from a recessionary gap as well as

Q3: What is the classical economists' proposition on the price level and wage rate to restore the economy from a recessionary gap as well as from an inflationary gap. How does the economy in the classical economist view restore to its natural rate of GDP from a recessionary gap and an inflationary gap? Provide answer with appropriate graph.

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