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…
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.
- 1. Like anything in abundance, the value of the currency has to decline when there is more of circulating in the economy.
- 2. A fiscal rule at the national government level that required its fiscal balance to be in balance at all times would eliminate swings in the balance driven by the automatic stabilisers.
- 3. The private domestic sector will save overall even with a government fiscal surplus as long as net exports are positive.
Sorry, quiz 664 is now closed.
You can find the answers and discussion here