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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

  1. 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.

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