Saturday Quiz – March 29, 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 #262

• 1. Tax revenue provides a national government with non-inflationary spending capacity.
• False
• True
• 2. When there is an external deficit, the private sector can save overall (spend less overall than it earns) as long as the government supports saving by running a deficit.
• False
• True
• 3. When a sovereign government issues debt to match its fiscal deficit, the financial wealth of the non-government increases.
• False
• True

Sorry, quiz 262 is now closed.

You can find the answers and discussion here