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 – July 17-18, 2021
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 #644
- 1. Over the last several decades, governments have introduced punitive measures against the unemployed and exploited the popular view, that the unemployed on income support benefits live off the hard work of those who pay taxes. The popular view has validity.
- False
- True
- 2. Inflation fears are being hawked at the present by the financial media. But a potential problem with running continuous fiscal deficits is that the spending builds up over time which adds to inflationary pressures.
- False
- True
- 3. If private domestic investment is less than private domestic saving, and, the external sector is draining aggregate demand, then the government fiscal balance has to be in deficit no matter what level of GDP is produced.
- False
- True
Sorry, quiz 644 is now closed.
You can find the answers and discussion here
