{"id":47019,"date":"2021-03-05T16:00:03","date_gmt":"2021-03-05T06:00:03","guid":{"rendered":"https:\/\/billmitchell.org\/blog\/?p=47019"},"modified":"2021-03-05T16:00:03","modified_gmt":"2021-03-05T06:00:03","slug":"the-weekend-quiz-march-6-7-2021","status":"publish","type":"post","link":"https:\/\/billmitchell.org\/blog\/?p=47019","title":{"rendered":"The Weekend Quiz &#8211; March 6-7, 2021"},"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 #625<\/h4><ul>\n<li>1. Assume that the national accounts of a nation is reveal that its external surplus is equivalent to 2 per cent of GDP and the private domestic sector is saving overall 3 per cent of GDP. We would also observe:  A fiscal deficit equal to 1 per cent of GDP. A budget surplus equal to 1 per cent of GDP. A budget deficit equal to 5 per cent of GDP. A budget surplus equal to 5 per cent of GDP.<\/li><ul><li>A fiscal deficit equal to 1 per cent of GDP.<\/li><li>A fiscal surplus equal to 1 per cent of GDP.<\/li><li>A fiscal deficit equal to 5 per cent of GDP.<\/li><li>A fiscal surplus equal to 5 per cent of GDP.<\/li><\/ul>\n<li>2. When a government&apos;s fiscal deficit rises we can conclude that it is pursuing an expansionary fiscal policy.<\/li><ul><li>False<\/li><li>True<\/li><\/ul>\n<li>3. Given a fiat currency issuing nation is not revenue constrained, it is incorrect to say that recipients of income support provided by such a national government are living off the hard work of those who pay income taxes.<\/li><ul><li>False<\/li><li>True<\/li><\/ul>\n<\/ul>\n\n\t<h3>Sorry, quiz 625 is now closed.<\/h3>\n\t<p> You can find the answers and discussion <a href=\"\/blog\/?p=47016\">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":[18],"tags":[],"class_list":["post-47019","post","type-post","status-publish","format-standard","hentry","category-economics","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\/47019","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=47019"}],"version-history":[{"count":0,"href":"https:\/\/billmitchell.org\/blog\/index.php?rest_route=\/wp\/v2\/posts\/47019\/revisions"}],"wp:attachment":[{"href":"https:\/\/billmitchell.org\/blog\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=47019"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/billmitchell.org\/blog\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=47019"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/billmitchell.org\/blog\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=47019"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}