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 – April 8-9, 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 #420
- 1. The private domestic sector cannot save if a nation's external sector is in balance (and thus making no contribution to real GDP growth) and the government runs a balanced fiscal position.
- False
- True
- 2. If the household saving ratio rises and there is an external deficit then government must increase net spending to fill the private spending gap or else national output and income will fall.
- False
- True
- 3. Rising yields on 10-year bond yields rising signify that the bond markets are demanding increased risk premiums for these assets.
- False
- True
Sorry, quiz 420 is now closed.
You can find the answers and discussion here
Bill, I actually got them all right. I had True, True, False which should have given me 100%, but your calculation said I got only one correct. Can you check your scoring mechanism?
Dang got number 2 wrong …
Damn, something must be wrong with scoring mechanism. I got all of them right but i only got 33 percent =[
Bill,
Not related to the quiz, but a thought. You could get to a lot more people indirectly if you would correct or at least add an alternate viewpoint to some of the Wikipedia articles on US National Debt and the like. A lot of people get their information, from Wikipedia.
Thanks for all that you do.