the question is:

1. Discuss the following with graphs with flexible wage rate and price according to the classical economists:

a) Self- regulating economy is a Recessionary Gap

b) Self-regulating economy in an Inflationary Gap

ps: please discuss the following with graph.

there is no additional information. It is a theoritical question.

also I have typed the question if you cant see the attachment

: Discuss the following with graphs with flexible wage rate and price according to the class onomists: a) Self-Regulating Economy in a Recessionary Gap b) Self-Regulating Economy in an Inflationary Gap