Saturday Quiz – April 11, 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 #316

• 1. What conservatives fail to understand is the public debt to GDP ratio always falls once economic growth resumes.
• False
• True
• 2. A nation can run an external 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. The monetary base of an economy adjusts to changes in the money supply not the other way around.
• False
• True

Sorry, quiz 316 is now closed.

You can find the answers and discussion here