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The Weekend Quiz – February 22-23, 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 #570

  • 1. A program of fiscal austerity, defined as the government running a fiscal surplus, does not necessarily undermine economic growth.
    • False
    • True
  • 2. The public debt ratio is of no concern because it falls once economic growth resumes.
    • False
    • True
  • 3. The initial expansionary impact of deficit spending on aggregate demand is lower when the government matches the deficit with debt-issuance compared to a situation when it issues no debt.
    • False
    • True

Sorry, quiz 570 is now closed.

You can find the answers and discussion here

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