The Weekend Quiz – May 23-24, 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 #583

  • 1. Modern Monetary Theory (MMT) refutes the claim that government spending can crowd out private spending.
    • False
    • True
  • 2. In general, the OECD and IMF estimates of the impact of the automatic stabilisers in-built into fiscal policy are biased downwards.
    • False
    • True
  • 3. When a government runs a continuous fiscal deficit public spending builds up over time and eventually exposes the economy to inflation risk.
    • False
    • True

Sorry, quiz 583 is now closed.

You can find the answers and discussion here

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