Problem 1: What are the four stages of the Business Cycle? Compare and Contrast five internal and external Business Cycle theories.
Problem 2: Prepare a diagram showing how the movement in any combination of the components of GDP (Gross Domestic Product) can lead to business cycles.
Problem 3: What is the relationship between and among the U.S. national debt and government policy targets for unemployment and inflation?
Problem 4: Focusing on the Demographics of the U.S. and European populations, what policy recommendations would you offer to increase labor productivity and why is this important?