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 – January 22-23, 2022
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 #671
- 1. A currency-issuing government can always ensure there is first-class service provision to meet the demands of an ageing population.
- False
- True
- 2. For a nation running a small current account deficit (close to balance), the government fiscal position will always be in deficit if the domestic private sector is spending less overall than it earns.
- False
- True
- 3. Ignoring laws to the contrary, a central bank currently targetting a 2 per cent short-term policy rate, cannot directly purchase treasury debt to facilitate the national governments fiscal deficit (that is, "monetise the deficit") and continue to maintain its policy rate at 2 per cent.
- False
- True
Sorry, quiz 671 is now closed.
You can find the answers and discussion here
