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 – May 9-10, 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 #581
- 1. If there is more "money" in the economy its value always declines.
- False
- True
- 2. If national government public works expenditure funds the construction of a road and then the government tears the road up again and rebuilds it, there is no net gain in national income the second time round.
- False
- True
- 3. If there was a fiscal rule imposed such that the national government had to balance its fiscal position at all times then this would also eliminate the sensitivity of the outcome to the automatic stabilisers.
- False
- True
Sorry, quiz 581 is now closed.
You can find the answers and discussion here