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. Larger fiscal deficits as a percentage of GDP typically mean that there are less real resources available for other productive uses.
- 2. For a nation running an external deficit, income adjustments will ensure that the government fiscal balance is in deficit if the domestic private sector is saving overall as a percentage of GDP.
- 3. Higher levels of taxation revenue ultimately permit the government to spend more.
Sorry, quiz 685 is now closed.
You can find the answers and discussion here