1.-changes-in-inflation-and-in-unemployment-in 1970 and 1971 as-a-watershed-development-for-macroeconomic-thought.-Why-was-an-increase-in-unemployment-such-a-significant-event?

2.-As-the-economy-slipped-into-recession-in 1980 and 1981,-the-Fed-was-under-enormous-pressure-to-adopt-an-expansionary-monetary-policy.-Suppose-it-had-begun-an-expansionary-policy-early-in 1981.-What-does the-text's-analysis-of-the-inflation-unemployment-cycle-suggest-about-how-the-macroeconomic-history-of-the 1980s might-have-been-changed?

3.-Suppose-the-full-employment-level-of-real-GDP-is-increasing-at-a-rate-of 3% per-period-and-the-money-supply-is-growing-at-a 4% rate.-What-will-happen-to-the-long-run-inflation-rate,-assuming-constant-velocity?

4.-Many-people-think-that-the-process-of-putting-computer-technology-to-work-and-incorporating-computers-into-the-workplace-is-causing-a-massive-restructuring-of-virtually-every-institution-of-modern-life.-If they-are-right,-what-are-the-implications-for-unemployment?-What-kind-of-unemployment-would-be-affected?