Question: What key simplifying assumption allows us to use the labor market block of a DSGE model to study the immediate impact of shocks on the

What key simplifying assumption allows us to use the labor market block of a DSGE model to study the immediate impact of shocks on the economy in that framework?

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What key simplifying assumption allows us to use the labor market block of a DSGE model to study the immediate impact of shocks on the economy in that framework?

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