1. Make a business cycle graph and clearly show where the economy is operating with all components and characteristics of the business cycle.

2. Graph a properly labeled Phillips Curve with all parts.

3. Graph the economy in an AD/AS model in relation to market equilibrium.

4. Institute the fiscal policy action(s) appropriate for the economic condition of the country assigned and explain it.

5. Institute monetary policy action(s) appropriate for the economic condition of the country assigned and explain it.

6. Discuss the benefits (or beneficial actions) of the policy in relation to trade with other nations.