{"id":18143,"date":"2012-02-11T04:00:48","date_gmt":"2012-02-10T17:00:48","guid":{"rendered":"https:\/\/billmitchell.org\/blog\/?p=18143"},"modified":"2012-02-11T04:00:48","modified_gmt":"2012-02-10T17:00:48","slug":"saturday-quiz-february-11-2012","status":"publish","type":"post","link":"https:\/\/billmitchell.org\/blog\/?p=18143","title":{"rendered":"Saturday Quiz &#8211; February 11, 2012"},"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 questions. Your results are only known to you and no records are retained.<br \/>\n<!--more--><br \/>\n<h4>Quiz #151<\/h4><ul>\n<li>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.<\/li><ul><li>False<\/li><li>True<\/li><\/ul>\n<li>2. In an endogenous money system a central bank cannot simultaneously reduce bank lending and maintain a given positive target interest rate by increasing the rate that it provides reserves on demand to the commercial banks.<\/li><ul><li>False<\/li><li>True<\/li><\/ul>\n<li>3. In the context of population ageing, the fact that a sovereign government is never financially constrained means that it will always be able to provide first-class health care.<\/li><ul><li>False<\/li><li>True <\/li><\/ul>\n<li>4. By increasing tax rates a sovereign government increases its capacity to spend more without increasing inflation.<\/li><ul><li>False<\/li><li>True<\/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 is spending less than it earns.<\/li><ul><li>False<\/li><li>True<\/li><\/ul>\n<\/ul>\n\n\t<h3>Sorry, quiz 151 is now closed.<\/h3>\n\t<p> You can find the answers and discussion <a href=\"\/blog\/?p=18145\">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 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-18143","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\/18143","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=18143"}],"version-history":[{"count":0,"href":"https:\/\/billmitchell.org\/blog\/index.php?rest_route=\/wp\/v2\/posts\/18143\/revisions"}],"wp:attachment":[{"href":"https:\/\/billmitchell.org\/blog\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=18143"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/billmitchell.org\/blog\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=18143"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/billmitchell.org\/blog\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=18143"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}