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 – October 19-20, 2019
Welcome to The Weekend Quiz. The quiz tests whether you have been paying attention or not to the blog posts that I post. See how you go with the following questions. Your results are only known to you and no records are retained.
Quiz #552
- 1. The government has to issue debt if the policy interest rate is positive unless the central bank pays a positive interest rate on overnight reserves.
- False
- True
- 2. Other things equal, larger fiscal deficits as a percentage of GDP squeeze the availability of real resources that the private sector can use for other productive uses.
- False
- True
- 3. For a nation running a small external deficit, the government fiscal position will always be in deficit if the domestic private sector successfully spends less than its income.
- False
- True
Sorry, quiz 552 is now closed.
You can find the answers and discussion here
