Saturday Quiz – May 10, 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 #268

• 1. The public debt ratio is of no concern because economic growth will always bring it down after a recession.
• False
• True
• 2. A nation can run a current account deficit accompanied by a government sector surplus of equal proportion to GDP, while the private domestic sector is spending more than they are earning.
• False
• True
• 3. It is easier for banks to expand credit to the private sector when bank reserves are rising.
• False
• True

Sorry, quiz 268 is now closed.

You can find the answers and discussion here