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 – February 5-6, 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 #673
- 1. Bank lending moved from being reserve-constrained to capital-constrained once the prudential authorities relaxed reserve ratio requirements and the Bank of International Settlements introduced the Basel framework for capital adequacy.
- False
- True
- 2. By increasing tax rates a sovereign government increases its capacity to spend more without increasing inflation.
- False
- True
- 3. For a nation running a small external deficit, the government will always be in deficit if the domestic private sector is saving overall.
- False
- True
Sorry, quiz 673 is now closed.
You can find the answers and discussion here
