1. Why does a rising GDP not necessarily indicate an improvement in overall national well being?

2.Under what conditions might federal deficits be beneficial? When are they problematical?

3.What are the main drawbacks and problems associated with discretionary fiscal policy?

4.Why are states, as opposed to the federal government, less capable of addressing deep recessions? Is there a remedy?

5.Why does Herman Daly argue against trying to maximize economic growth?