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. Governments concerned with their public debt ratio should encourage growth because the debt ratio falls once economic growth resumes.
- 2. A nation can run a current account deficit accompanied by a government sector surplus of equal proportion to GDP, while the private domestic sector is spending more than they it is earning.
- 3. Government deficit spending would have a greater immediate expansionary impact on aggregate spending if the central bank bought the public debt to match the deficit instead of a situation where the government matches it deficit by issuing debt to the private sector.
Sorry, quiz 711 is now closed.
You can find the answers and discussion here