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    Exam 20: Policy Disputes Using the Self-Correcting Aggregate Demand and Supply Model
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    Assuming an Inflationary Gap Exists, Classical Economists Believe That Flexible
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Assuming an Inflationary Gap Exists, Classical Economists Believe That Flexible

Question 65

Question 65

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Assuming an inflationary gap exists, classical economists believe that flexible wages will restore full employment.

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