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 – February 18-19, 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 #413
- 1. Central banks provide reserves to the commercial banking system usually at some penalty rate. However, this compromises their capacity to target a given monetary policy rate.
- False
- True
- 2. If inflation is stable and the central bank holds the nominal interest rate constant, then a currency-isuing government, which matches its net spending $-for-$ with debt issuance, could double its fiscal deficit without pushing up the public debt ratio.
- False
- True
- 3. If Greece could achieve positive net exports (the strategy of the Troika), then it could could push for a primary fiscal surplus knowing it will not compromise growth.
- False
- True
Sorry, quiz 413 is now closed.
You can find the answers and discussion here
I got 1st one wrong. Even worse I’m not 100% sure why I got the other two right. Difficult questions for me this week. Hopefully I can answer the anti-spam math question…
Don’t despair Jerry, I’ve been doing this a couple of years and although I get more 3 out of 3’s these days I often have glitches (I did on number 3 above!). I find it often depends on my mental energy at the time and whether I can summon up the network of realtionships in the sectors and other factors that give you the right mental picture -my mind finds it hard to juggle with three elements in a structure nevermind more!
Thank you Simon, don’t worry, I have not fallen into despair. I love the quizzes and like to argue about the answers sometimes. Maybe more than I should. I will have to wait for the answers tomorrow before I could even think about arguing on this particular Quiz.
Dang on 2/3 today
I agree with Jerry Brown. I felt most confident on the first question, got it wrong. I was not so sure about 2 & 3, but got them right. Cheers!