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Work-Safe Readings for Macro

Posted by TunisianGuy 395 days ago (http://econlog.econlib.org)
Category: Economy
I think there are two difficult issues that puzzle me about macro. First, as much as some people hate the "Wall Street, Main Street" lingo, the question of how financial markets affect the real economy is really important and unsettled. The second question is why labor markets don't adjust to solve problems. Why does a recession show up as unemployment, rather than, say, lower wages at full employment?
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