Problem
Macroeconomic policy in Europe Beware of simplistic answers to complicated macroeconomic questions
Consider each of the following statements and comment on whether there is another side to the story.
a. There is a simple solution to the problem of high European unemployment: Reduce labor market rigidities.
b. What can be wrong about joining forces and adopting a common currency? The euro is obviously good for Europe.
The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.