1. Pick an industry and figure out what factors will influence its performance over the next three years. What is your forecast for that time period's performance?

2. What traits will make businesses more susceptible to business cycles?

3. What will a drop in income tax rates have on prices in the long run, according to supply-side economists?

4. Who is in charge of monetary policy? Who is in charge of fiscal policy?

5. Would you be more or less likely to invest in Australian companies if you were a US investor who feels the Australian currency will appreciate?

6. Describe briefly why a high national debt level may be harmful to economic growth.

7. Why do you believe consumer confidence is a leading economic indicator?

8. What monetary policies might the Fed use if the economy is in a slump?