{"id":39465,"date":"2018-06-01T16:00:15","date_gmt":"2018-06-01T06:00:15","guid":{"rendered":"https:\/\/billmitchell.org\/blog\/?p=39465"},"modified":"2018-06-01T16:00:15","modified_gmt":"2018-06-01T06:00:15","slug":"the-weekend-quiz-june-2-3-2018","status":"publish","type":"post","link":"https:\/\/billmitchell.org\/blog\/?p=39465","title":{"rendered":"The Weekend Quiz &#8211; June 2-3, 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 #480<\/h4><ul>\n<li>1. Start from a situation where the external surplus is the equivalent of 2 per cent of GDP and the fiscal surplus is 2 per cent. If the fiscal balance stays constant and the external surplus rises to the equivalent of 4 per cent of GDP then:<\/li><ul><li>National income falls and the private surplus moves from 0 per cent of GDP to 2 per cent of GDP.<\/li><li>National income remains unchanged and the private surplus moves from 0 per cent of GDP to 2 per cent of GDP.<\/li><li>National income rises and the private surplus moves from 0 per cent of GDP to 2 per cent of GDP.<\/li><li>National income falls and the private surplus moves from 4 per cent of GDP to 6 per cent of GDP.<\/li><li>National income remains unchanged and the private surplus moves from 4 per cent of GDP to 6 per cent of GDP.<\/li><li>National income rises and the private surplus moves from 4 per cent of GDP to 6 per cent of GDP.<\/li><\/ul>\n<li>2. A rising fiscal deficit tells us that the government is pursuing an increasingly expansionary fiscal stance. <\/li><ul><li>False<\/li><li>True<\/li><\/ul>\n<li>3.  Matching government deficit spending with bond issues is less expansionary than if the government instructed the central bank to buy its bonds to match the deficit. <\/li><ul><li>False<\/li><li>True<\/li><\/ul>\n<\/ul>\n\n\t<h3>Sorry, quiz 480 is now closed.<\/h3>\n\t<p> You can find the answers and discussion <a href=\"\/blog\/?p=39463\">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-39465","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\/39465","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=39465"}],"version-history":[{"count":0,"href":"https:\/\/billmitchell.org\/blog\/index.php?rest_route=\/wp\/v2\/posts\/39465\/revisions"}],"wp:attachment":[{"href":"https:\/\/billmitchell.org\/blog\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=39465"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/billmitchell.org\/blog\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=39465"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/billmitchell.org\/blog\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=39465"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}