{"id":39430,"date":"2018-05-25T16:00:06","date_gmt":"2018-05-25T06:00:06","guid":{"rendered":"https:\/\/billmitchell.org\/blog\/?p=39430"},"modified":"2018-05-25T16:00:06","modified_gmt":"2018-05-25T06:00:06","slug":"the-weekend-quiz-may-26-27-2018","status":"publish","type":"post","link":"https:\/\/billmitchell.org\/blog\/?p=39430","title":{"rendered":"The Weekend Quiz &#8211; May 26-27, 2018"},"content":{"rendered":"<p>\t\t\t\tWelcome to <strong>The Weekend Quiz<\/strong>. The quiz tests whether you have been paying attention or not to the blogs I post. 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 #479<\/h4><ul>\n<li>1. As long as employment growth keeps pace with labour force growth, unemployment will not rise.<\/li><ul><li>False<\/li><li>True<\/li><\/ul>\n<li>2. Modern Monetary Theory shows that governments do not have to issue debt to match their deficit spending. However, byissuing debt, the wealth of the non-government sector immediately increases, which would not happen if the central bank just credited bank accounts on behalf of the treasury without the debt matching.<\/li><ul><li>False<\/li><li>True<\/li><\/ul>\n<li>3. If the current account balance is running at 2 per cent of GDP, and the private domestic sector overall is saving an equivalent of 3 per cent of GDP, the government must:<\/li><ul><li>Be running a surplus equal to 1 per cent of GDP.<\/li><li>Be running a surplus equal to 5 per cent of GDP.<\/li><li>Be running a deficit equal to 1 per cent of GDP.<\/li><li>Be running a deficit equal to 5 per cent of GDP.<\/li><\/ul>\n<\/ul>\n\n\t<h3>Sorry, quiz 479 is now closed.<\/h3>\n\t<p> You can find the answers and discussion <a href=\"\/blog\/?p=39428\">here<\/a><\/p>\n\t\t\t<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Welcome to The Weekend Quiz. The quiz tests whether you have been paying attention or not to the blogs I post. 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-39430","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\/39430","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=39430"}],"version-history":[{"count":0,"href":"https:\/\/billmitchell.org\/blog\/index.php?rest_route=\/wp\/v2\/posts\/39430\/revisions"}],"wp:attachment":[{"href":"https:\/\/billmitchell.org\/blog\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=39430"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/billmitchell.org\/blog\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=39430"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/billmitchell.org\/blog\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=39430"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}