Saturday Quiz – January 10, 2015

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 #303

• 1. A currency-issuing government can always ensure there are first-class services to meet the demands of an ageing population if it has the political will.
• False
• True
• 2. If banks are required to maintain 100 per cent reserve requirements (must have cash reserves to back deposits at all times), then the central bank is able to control the money supply.
• False
• True
• 3. For a nation running a small current account deficit (close to balance), the government fiscal balance will always be in deficit if the domestic private sector is spending less than it earns.
• False
• True

Sorry, quiz 303 is now closed.

You can find the answers and discussion here