The Weekend Quiz – November 19-20, 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 #708

  • 1. A currency-issuing government does not control the final fiscal outcome in any period.
    • True
    • False
  • 2. If employment growth matches the pace of growth in the working age population (people above 15 years of age) then the economy will experience a constant unemployment rate as long as participation rates do not change.
    • True
    • False
  • 3. n a fiat monetary system (for example, US or Australia) with an on-going external deficit and fiscal deficit that is smaller than the external sector, then the domestic private sector is in:
    • Cannot tell without knowing the actual deficits as a percent of GDP.
    • Surplus
    • Deficit

Sorry, quiz 708 is now closed.

You can find the answers and discussion here

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