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 – January 4-5, 2020
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 #563
- 1. The government has two macroeconomic policy arms available - fiscal and monetary policy. However, it only has control over monetary policy
- True
- False
- 2. Americans enjoy a higher material standard of living as a result of the Chinese holdings of US government debt.
- False
- True
- 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.
- True
- False
Sorry, quiz 563 is now closed.
You can find the answers and discussion here
This Post Has One Comment
Comments are closed.
HI!
I think that the 3rd question is missing the words “means that” (or equivalent, “rests on the principle that”)
A strategy to force the government to maintain a balanced fiscal position “MEANS THAT” that the private domestic sector has to be continuously accumulating debt unless the external account moves into surplus.