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 – December 14-15, 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 #560
- 1. The use of a fiscal surplus to create a sovereign fund provides a currency-issuing government with greater spending capacity in the future.
- False
- True
- 2. If employment growth matches the pace of growth in the working age population (people above 15 years of age) then the economy will experience a constant unemployment rate as long as participation rates do not change.
- False
- True
- 3. In a fiat monetary system with an on-going external deficit, the domestic private sector cannot save overall, if the national government runs a fiscal deficit.
- False
- True
Sorry, quiz 560 is now closed.
You can find the answers and discussion here
