{"id":46011,"date":"2020-10-02T16:00:38","date_gmt":"2020-10-02T06:00:38","guid":{"rendered":"https:\/\/billmitchell.org\/blog\/?p=46011"},"modified":"2020-10-02T16:00:38","modified_gmt":"2020-10-02T06:00:38","slug":"the-weekend-quiz-october-3-4-2020","status":"publish","type":"post","link":"https:\/\/billmitchell.org\/blog\/?p=46011","title":{"rendered":"The Weekend Quiz &#8211; October 3-4, 2020"},"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 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.<br \/>\n<!--more--><\/p>\n<p><a href=\"https:\/\/billmitchell.org\/blog\/wp-content\/uploads\/2020\/05\/Quiz_Image.png\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/billmitchell.org\/blog\/wp-content\/uploads\/2020\/05\/Quiz_Image.png\" alt=\"\" width=\"296\" height=\"180\" class=\"alignnone size-full wp-image-44957\" \/><\/a><\/p>\n<h4>Quiz #602<\/h4><ul>\n<li>1. Modern Monetary Theory (MMT) teaches us that a sovereign government does not have to issue debt to finance its spending. But the more public debt it voluntarily issues:<\/li><ul><li>the less is the volume of investment funds in the non-government sector that can be used for other investments.<\/li><li>the greater is non-government wealth held in the form of public debt.<\/li><li>the more difficult it is for banks to attract deposits to initiate loans from.<\/li><\/ul>\n<li>2. A fiscal surplus indicates that the national government is:<\/li><ul><li>trying to slow the economy down and contain inflation.<\/li><li>trying to reduce public debt.<\/li><li>you cannot conclude anything about the government&apos;s policy intentions.<\/li><\/ul>\n<li>3. A currency-issuing government that runs a balanced fiscal balance over the economic cycle (peak to peak) must accept that after all the spending adjustments are exhausted, the private domestic balance will average a surplus over the same cycle, if the external balance averages a surplus over the same cycle.<\/li><ul><li>False<\/li><li>True<\/li><\/ul>\n<\/ul>\n\n\t<h3>Sorry, quiz 602 is now closed.<\/h3>\n\t<p> You can find the answers and discussion <a href=\"\/blog\/?p=46009\">here<\/a><\/p>\n\t\n","protected":false},"excerpt":{"rendered":"<p>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.<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[58],"tags":[],"class_list":["post-46011","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\/46011","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=46011"}],"version-history":[{"count":0,"href":"https:\/\/billmitchell.org\/blog\/index.php?rest_route=\/wp\/v2\/posts\/46011\/revisions"}],"wp:attachment":[{"href":"https:\/\/billmitchell.org\/blog\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=46011"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/billmitchell.org\/blog\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=46011"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/billmitchell.org\/blog\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=46011"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}