1. Describe the impact of inflationary and recessionary gaps p. 231/628=613 and the lump sum tax pg. 231. And the lump sum tax pg. 228

2. Complete # 2, 6, and 9 of Problems at the end of the chapter pg. 237

3. Describe the difference between the actual & cyclical budget deficits pg. 270

4. Discuss and evaluate the criticisms of fiscal policy, p. 274

5. Evaluate the substantive issues regarding the public debt, 279