Saturday Quiz – December 6, 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 #298

  • 1. Like anything in abundance, the value of "money" declines when their is more of it in the economy.
    • False
    • True
  • 2. The imposition of a fiscal rule at the national government level its fiscal balance is required to be in balance at all times would eliminate swings in the balance driven by the automatic stabilisers.
    • False
    • True
  • 3. The private domestic sector can save overall even with a government fiscal surplus as long as net exports are positive.
    • False
    • True

Sorry, quiz 298 is now closed.

You can find the answers and discussion here

This Post Has 2 Comments

  1. Question no. 2 seems to be missing the word “that”. Thanks for these weekly quizzes!

  2. Surely the answer to question 3 is false. Net exports don’t need to be merely positive, they need to be positive enough to balance the combined surpluses of the private domestic and government sectors.

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