Here are the answers with discussion for this Weekend’s Quiz. The information provided should help you work out why you missed a question or three! If you haven’t already done the Quiz from yesterday then have a go at it before you read the answers. I hope this helps you develop an understanding of Modern…
The Weekend Quiz – September 3-4, 2016
Welcome to The Weekend Quiz, which used to be known as the Saturday Quiz! The quiz tests whether you have been paying attention or not to the blogs I post. See how you go with the following questions. Your results are only known to you and no records are retained.
Quiz #389
- 1. Modern Monetary Theory (MMT) recognises the potential problem with running continuous fiscal deficits is that the spending builds up over time which adds to inflationary pressures.
- False
- True
- 2. In recent months, we have observed falling government bond yields in most nations which suggests that investors are viewing sovereign debt less favourably as the levels of outstanding debt rises.
- False
- True
- 3. If private domestic investment is less than private domestic saving, and the external sector is draining aggregate spending from the domestic economy, then the government fiscal balance has to be in deficit no matter what level of GDP is produced.
- False
- True
Sorry, quiz 389 is now closed.
You can find the answers and discussion here
Easy one
Bill are you trying ??? lol
My thought exactly.
Not a complaint, mind.
Mark and Horatio, I like to think I’m getting smarter. Or at least learning more. Don’t burst my bubble like that 🙂
You have to admire Bill’s persistence and constancy. Week after week, year after year, and on and on, never missing a beat. Anyone would be impressed.
(Nothing to do with the fact that I usually get 3 out of 3 by now, but I have his text-book and I have read a lot of the blogs)