The Weekend Quiz – January 21-22, 2017

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 #409

• 1. A program of fiscal austerity which yields a fiscal surplus will always undermine attempts by the private domestic sector to save overall when the nation's exports are less than the sum of their imports and net income flows.
• False
• True
• 2. The more funds that commercial banks have on account with the central bank the greater is their capacity to provide loans to customers.
• False
• True
• 3. If governments sought funding from the central bank for their net spending (deficits) rather than private bond markets then the inflation risk of such spending would remain unchanged.
• False
• True

Sorry, quiz 409 is now closed.

You can find the answers and discussion here