{"id":12351,"date":"2010-11-13T04:00:01","date_gmt":"2010-11-12T17:00:01","guid":{"rendered":"https:\/\/billmitchell.org\/blog\/?p=12351"},"modified":"2010-11-13T04:00:01","modified_gmt":"2010-11-12T17:00:01","slug":"saturday-quiz-november-13-2010","status":"publish","type":"post","link":"https:\/\/billmitchell.org\/blog\/?p=12351","title":{"rendered":"Saturday Quiz &#8211; November 13, 2010"},"content":{"rendered":"<p>\t\t\t\tWelcome to the <strong>billy blog Saturday quiz<\/strong>. The quiz tests whether you have been paying attention over the last seven days.  See how you go with the following five questions. Your results are only known to you and no records are retained.<br \/>\n<!--more--><br \/>\n<h4>Quiz #86<\/h4><ul>\n<li>1. By increasing tax rates a sovereign government increases its capacity to spend more without increasing inflation.<\/li><ul><li>True<\/li><li>False<\/li><li>Maybe<\/li><\/ul>\n<li>2. Ignoring any reserve requirements, if the central bank pays a positive interest rate on overnight reserves then it no longer has to conduct open market operations to ensure its policy rate is sustained.<\/li><ul><li>True<\/li><li>False<\/li><li>Maybe<\/li><\/ul>\n<li>3. Ignoring any reserve requirements, the payment of a positive return on overnight reserves held by the commercial banks equal to the current policy rate will tend increase the overall level of reserves held by the latter.<\/li><ul><li>True<\/li><li>False<\/li><li>Maybe<\/li><\/ul>\n<li>4. Other things equal, larger fiscal deficits as a percentage of GDP squeeze the availability of real resources that the private sector can use for other productive uses.<\/li><ul><li>True<\/li><li>False<\/li><li>Maybe<\/li><\/ul>\n<li>5. Premium Question: For a nation running a small current account deficit, the government budget will always be in deficit if the domestic private sector overall successfully saves.<\/li><ul><li>True<\/li><li>False<\/li><li>Maybe<\/li><\/ul>\n<\/ul>\n\n\t<h3>Sorry, quiz 86 is now closed.<\/h3>\n\t<p> You can find the answers and discussion <a href=\"\/blog\/?p=12352\">here<\/a><\/p>\n\t\t\t<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Welcome to the billy blog Saturday quiz. The quiz tests whether you have been paying attention over the last seven days. See how you go with the following five questions. Your results are only known to you and no records are retained.<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[58],"tags":[],"class_list":["post-12351","post","type-post","status-publish","format-standard","hentry","category-saturday-quiz","entry","no-media"],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/billmitchell.org\/blog\/index.php?rest_route=\/wp\/v2\/posts\/12351","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/billmitchell.org\/blog\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/billmitchell.org\/blog\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/billmitchell.org\/blog\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/billmitchell.org\/blog\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=12351"}],"version-history":[{"count":0,"href":"https:\/\/billmitchell.org\/blog\/index.php?rest_route=\/wp\/v2\/posts\/12351\/revisions"}],"wp:attachment":[{"href":"https:\/\/billmitchell.org\/blog\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=12351"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/billmitchell.org\/blog\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=12351"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/billmitchell.org\/blog\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=12351"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}