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 – November 5-6, 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 #398
- 1. The price at which the central bank provides reserves to the commercial banks is restricted by its target monetary policy rate.
- False
- True
- 2. A rising fiscal deficit is the signal that government policy is becoming more expansionary.
- False
- True
- Maybe
- 3. When a nation's currency appreciates strongly its international competitiveness falls. In these situations, the only way to restore that competitiveness is to reduce the rate of growth in domestic wages and prices relative to our trading partners.
- False
- True
Sorry, quiz 398 is now closed.
You can find the answers and discussion here
3 out 3, I am throwing off 40 years of neo-liberal groupthink! There is hope for me.
3 out of 3, so feeling good!
Do you compile the responses and match to I.P. addresses?
Only 2 out of 3. I made the mistake of reading some FT blog articles and comments this week, and the neo-liberal vibe must have weakened my defences.
I figured 3 was false, but I answered true since I don’t know that the other options are. So, 2 out of three and looking forward to the analysis.
I got all three but I don’t understand the zero interest rate option in terms of paying banks for their reserves. I’m missing something, of course.
Dear David D (at 2016/11/04 at 11:49 pm)
As I note in the quiz introduction, I do no tracking at all of any quiz entries. It is purely for your own fun.
best wishes
bill
3 from 3 this week 🙂