Please write an essay (2-2.5 pages) , economics, Microeconomics

Please write an essay (2-2.5 pages) based on this paper http://www.nobelprize.org/nobel_prizes/economics/laureates/2001/akerlof-lecture.pdf
You
pick one over 6 macroeconomic phenomena which presented in this paper and analyze it, you show your arguments or critical in essay.
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