Saturday Quiz – February 15, 2014

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.

Quiz #256

• 1. Government spending which is accompanied by a bond sale to the private sector adds less to aggregate demand than would be the case if there was no bond sale.
• False
• True
• 2. If the external sector is always in surplus, then the government can safely run a surplus and not impede economic growth.
• False
• True
• 3. In a stock-flow consistent macroeconomics, we have to always trace the impact of flows during a period on the relevant stocks at the end of the period. Accordingly, government and private investment spending are two examples of flows that adds to the stock of aggregate demand which in turn impacts on GDP.
• False
• True

Sorry, quiz 256 is now closed.

You can find the answers and discussion here