Here are the answers with discussion for this Weekend’s Quiz. The information provided should help you work out why you missed a question or three! If you haven’t already done the Quiz from yesterday then have a go at it before you read the answers. I hope this helps you develop an understanding of Modern…
Welcome to the Billy Blog Saturday Quiz. The quiz tests whether you have been paying attention over the last seven days. See how you go with the following questions. Your results are only known to you and no records are retained.
- 1. A nation can run a government sector surplus, which is larger as a proportion to GDP than the external deficit, while the private domestic sector is spending more than they are earning.
- 2. The automatic stabilisers built into national government fiscal policy always operate in a counter-cyclical manner.
- 3. Sovereign government spending becomes more costly when the bond markets push yields on new public bond issues up.
Sorry, quiz 244 is now closed.
You can find the answers and discussion here