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…
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.
- 1. The government has two macroeconomic policy arms available - fiscal and monetary policy. However, it only has control over monetary policy
- 2. Americans enjoy a higher material standard of living as a result of the Chinese holdings of US government debt.
- 3. A strategy to force the government to maintain a balanced fiscal position that the private domestic sector has to be continuously accumulating debt unless the external account moves into surplus.
Sorry, quiz 563 is now closed.
You can find the answers and discussion here