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 4-5, 2017
Welcome to The Weekend 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 #450
- 1. Continuous fiscal deficits are a greater inflation risk than one-off deficits designed to meet a short-term private spending decline.
- False
- True
- 2. A nation can run a current account deficit accompanied by a government sector surplus (of equal proportion to GDP as the external deficit) but national income changes will force the private domestic sector to be spending more than it is earning.
- False
- True
- 3. To maintain financial stability, the monetary base has to be driven by changes in the money supply just as the money multiplier in mainstream macroeconomics textbooks explains.
- False
- True
Sorry, quiz 450 is now closed.
You can find the answers and discussion here
3/3… Back on form.
2 outa three again. Too smart by half on q1.
Got No2 wrong, i thought of the private commercial sector so answered false, look forward to the answers
3 from 3 again …. 🙂