(Solved): The graph above represents view, adjustment during gaps. Classical, recessionary Keynesian, inflati ...

The graph above represents view, adjustment during gaps. Classical, recessionary Keynesian, inflationary Keynesian, recessionary Classical, inflationary QUESTION 11 According to Classical view, during inflationary gaps, companies will eventually recognize the prices of inputs and costs of production. Firms will production, decreasing GDP, and shifting SAS to the until GDP reaches \( Y_{p} \).