"ID": "277", "question": "Has been withdrawn!", "discques": "If unfilled vacancies fall faster than overall employment growth, then the overall labo -- "ID": "375", "question": "Australian federal election bonus question: Any political party that wants to run a bud "discques": "", -- "ID": "385", "question": "Modern Monetary Theory (MMT) demonstrates that mass unemployment can arise from workers "discques": "From the perspective of Modern Monetary Theory (MMT), mass unemployment can arise from -- "ID": "390", "question": "Only one of the following statements can be true when you observe rising government bon "discques": "Rising government bond yields for new issues indicate", -- "ID": "397", "question": "The only time that a budget surplus represents increased national savings is when the g "discques": "The only time that fiscal surplus represents increased national savings is when the gov -- "ID": "405", "question": "This is the premium question for this week: Consumption adds to aggregate demand and im "discques": "", -- "ID": "410", "question": "This is the premium question for this week: In Year 1, the economy plunges into recessi "discques": "", -- "ID": "415", "question": "The government is attempting to stimulate the economy via an expansion in the budget de "discques": "", -- "ID": "425", "question": "In the context of population ageing, the fact that a sovereign government is never fina "discques": "", -- "ID": "440", "question": "Assume the government increases spending by $100 billion in the each of the next three "discques": "", -- "ID": "458", "question": "If employment growth matches the pace of growth in the working age population (people a "discques": "If employment growth matches the pace of growth in the civilian population (people abov -- "ID": "461", "question": "Money is often considered to be currency plus demand deposits. If there is more money i "discques": "If there is more \"money\" in the economy its value declines.", -- "ID": "465", "question": "It is clear that the central bank can use balance sheet management techniques to contro "discques": "The population of the North Pole is:\n\n(a) 2,226 being the population of North Pole, A -- "ID": "466", "question": "The population of the North Pole is", "discques": "", -- "ID": "498", "question": "In Year 1, the economy plunges into recession with nominal GDP growth falling to minus "discques": "", -- "ID": "514", "question": "The US federal government can run a balanced budget over the business cycle (peak to pe "discques": "A sovereign national government can run a balanced budget over the business cycle (peak -- "ID": "523", "question": "The expansionary impact of deficit spending on aggregate demand is lower when the gover "discques": "", -- "ID": "553", "question": "In Year 1, the economy plunges into recession with nominal GDP growth falling to minus "discques": "", -- "ID": "579", "question": "Start from a situation where the external surplus is the equivalent of 2 per cent of GD "discques": "Start from a situation where the external balance is the equivalent of 2 per cent of GD -- "ID": "583", "question": "In Year 1, the economy plunges into recession with nominal GDP growth falling to minus "discques": "", -- "ID": "588", "question": "Various governments are imposing austerity budgets on their economies. In Britain and t "discques": "", -- "ID": "593", "question": "In Year 1, the economy plunges into recession with nominal GDP growth falling to minus "discques": "", -- "ID": "594", "question": "Assume that a nation is continuously running an external deficit of 2 per cent of GDP. "discques": "Assume that a national is continuously running an external deficit of 2 per cent of GDP -- "ID": "610", "question": "Assume that total employment grew in a particular month in net terms yet unemployment s "discques": "In the February Labour Force data for Australia released last Thursday, we learned that -- "ID": "623", "question": "Assume the government increases spending by $100 billion from now and maintains that in "discques": "", -- "ID": "628", "question": "In Year 1, the economy plunges into recession with nominal GDP growth falling to minus "discques": "", -- "ID": "637", "question": "Choose the correct response (all balances expressed as a per cent of GDP):\n
\n(a) "discques": "Only one of the following propositions is possible (with all balances expressed as a pe -- "ID": "638", "question": "To reduce the public debt ratio, the government has to eventually run primary budget su "discques": "", -- "ID": "639", "question": "Which scenario represents a more expansionary outcome:\n
\n(a) A budget deficit eq "discques": "Which scenario represents a more expansionary outcome:\n\n(a) A budget deficit equivale -- "ID": "643", "question": "In the context of population ageing, the fact that a sovereign government is never fina "discques": "", -- "ID": "672", "question": "Start from a situation where the external surplus is the equivalent of 2 per cent of GD "discques": "Start from a situation where the external balance is the equivalent of 2 per cent of GD -- "ID": "693", "question": "Specific legal considerations aside, it would be impossible for a government to avoid i "discques": "It would be impossible for a government to avoid issuing debt to the private sector whe -- "ID": "728", "question": "In Year 1, the economy goes into recession with nominal GDP growth falling to minus -1 "discques": "", -- "ID": "729", "question": "The largest challenge facing the world in the face of anthropomorphic climate change is "discques": "", -- "ID": "749", "question": "One of the reasons that motivate a government to issue debt and introduce rules that pr "discques": "", -- "ID": "805", "question": "The Easter Bunny thinks that banks do not need reserves to make loans. He is clearly co "discques": "", -- "ID": "820", "question": "In Year 1, the economy plunges into recession with nominal GDP growth falling to minus "discques": "", -- "ID": "830", "question": "Most major political parties around the world support the imposition of austerity budge "discques": "", -- "ID": "835", "question": "In Year 1, the economy plunges into recession with nominal GDP growth falling to minus "discques": "", -- "ID": "890", "question": "Modern Monetary Theory (MMT) considers that the public debt ratio is of no concern beca "discques": "", -- "ID": "925", "question": "In Year 1, the economy plunges into recession with nominal GDP growth falling to minus "discques": "", -- "ID": "945", "question": "In Year 1, the economy plunges into recession with nominal GDP growth falling to minus "discques": "", -- "ID": "980", "question": "The Australian National Accounts data came out this week and the federal government mai "discques": "The Australian National Accounts data came this week and the federal government maintai -- "ID": "985", "question": "Government deficit spending would have a greater expansionary impact on aggregate deman "discques": "", -- "ID": "990", "question": "It is clear that the central bank can use balance sheet management techniques to contro "discques": "Santa Claus and his elves are in danger of becoming environmental refugees because:\n\n -- "ID": "991", "question": "Special Xmas Holiday Question: Santa Claus and his elves are in danger of becoming envi "discques": "", -- "ID": "1010", "question": "Continuous budget deficits are more likely to present an inflation risk than one-off de "discques": "Continuous fiscal deficits are more likely to present an inflation risk than one-off de -- "ID": "1050", "question": "When a sovereign government issues debt to match its net spending (budget deficit) it l "discques": "When a sovereign government issues debt it logically:\n\n(a) increases the financial as -- "ID": "1072", "question": "The private domestic sector cannot save if the nation's external sector is in balance a "discques": "The private domestic sector cannot save if a nation's external sector is in balance and -- "ID": "1096", "question": "Start from a situation where the external surplus is the equivalent of 2 per cent of GD "discques": "Start from a situation where the external balance is the equivalent of 2 per cent of GD -- "ID": "1109", "question": "Which scenario represents a more expansionary outcome:\n(a) A budget deficit equivalent "discques": "Which scenario represents a more expansionary outcome:\n\n(a) A budget deficit equivale -- "ID": "1120", "question": "Choose the correct response (all balances expressed as a per cent of GDP):\n(a) A natio "discques": "Only one of the following propositions is possible (with all balances expressed as a pe -- "ID": "1126", "question": "f the external sector was running a surplus equivalent to 4 per cent of GDP, and the su "discques": "If the external sector was running a surplus equivalent to 4 per cent of GDP, and the s -- "ID": "1160", "question": "Start from a situation where the external surplus is the equivalent of 2 per cent of GD "discques": "Start from a situation where the external balance is the equivalent of 2 per cent of GD -- "ID": "1169", "question": "An Australian trade unionist this week has argued that real wages in Australia in some "discques": "An Australian trade union this week has argued that real wages in Australia in some ind -- "ID": "1252", "question": "For a nation running a very small current account deficit (close to balance), the gover "discques": "For a nation running a small current account deficit (close to balance), the government -- "ID": "1282", "question": "Assume that a nation is continuously running an external deficit of 2 per cent of GDP. "discques": "Assume that a national is continuously running an external deficit of 2 per cent of GDP -- "ID": "1301", "question": "The private domestic sector can save overall even with a government fiscal surplus as l "discques": "The private domestic sector can save overall even if the government deficit is in surpl -- "ID": "1307", "question": "When a government records a fiscal surplus, which means it is withdrawing more purchasi "discques": "When a government records a fiscal surplus which means it is withdrawing more purchasin -- "ID": "1308", "question": "Which fiscal deficit outcome is the least expansionary in terms of its impact on real G "discques": "Which fiscal deficit outcome is the least expansionary?\n\n(a) 1 per cent of GDP.\n\n(b -- "ID": "1345", "question": "One possible problem with running continuous budget deficits is that the spending build "discques": "One possible problem with running continuous fiscal deficits is that the spending build -- "ID": "1357", "question": "European Commission estimates of structural budget deficits in the Eurozone under the E "discques": "European Commission estimates of structural fiscal deficits in the Eurozone under the E -- "ID": "1370", "question": "The Australian dollar has appreciated in recent days but the damaging effects on our in "discques": "The Australian dollar has appreciated in recent days and there are claims this will har -- "ID": "1432", "question": "Which scenario represents a more expansionary outcome: (a) A fiscal deficit equivalent "discques": "Which scenario represents a more expansionary outcome:\n\n(a) A fiscal deficit equivale -- "ID": "1497", "question": "Money is often considered to be currency plus demand deposits. If there is more money i "discques": "If there is more \"money\" in the economy its value always declines.", -- "ID": "1541", "question": "For a nation running a current account deficit, national income adjustments will ensure "discques": "For a nation running a current account deficit, income adjustments will ensure governme -- "ID": "1545", "question": "In a standard fixed coupon government bond auction, the higher is the demand for the bo "discques": "In a fixed coupon government bond auction, the higher is the demand for the bonds:\n\n( -- "ID": "1583", "question": "A nation that manages its currency via a currency board always has to have sufficient f "discques": "A nation that manages its currency via a currency board has to have sufficient foreign -- "ID": "1584", "question": "Modern Monetary Theory (MMT) demonstrates that mass unemployment can arise from workers "discques": "From the perspective of Modern Monetary Theory (MMT), mass unemployment can arise from -- "ID": "1673", "question": "Assume that the national accounts of a nation reveal that its external surplus is equiv "discques": "Assume that the national accounts of a nation is reveal that its external surplus is eq -- "ID": "1708", "question": "During a recession, a government has to use expansionary fiscal policy to restore trend "discques": "During a recession, a government should use expansionary fiscal policy to restore trend -- "ID": "1710", "question": "When a country runs a small current account deficit and the private domestic sector is "discques": "Ignoring any reserve requirements, a central bank will eliminate any need to conduct op -- "ID": "1711", "question": "Ignoring any reserve requirements, a central bank will eliminate any need to conduct op "discques": "When a country runs a small current account deficit and the private domestic sector is -- "ID": "1725", "question": "The posting of a fiscal surplus indicates that the national government has sought to r "discques": "The posting of a fiscal surplus indicates that the national government has sought to re -- "ID": "1761", "question": "If the government succeeds in reducing its net spending by say $10 billion, the net fin "discques": "If the government achieves in reducing its net spending by say $10 billion, the net fin -- "ID": "1762", "question": "Which fiscal deficit is the most expansionary?", "discques": "Which fiscal deficit outcome is the most expansionary?\n\n(a) 1 per cent of GDP.\n\n(b) -- "ID": "1799", "question": "Unlike a household, which not only has to service its debt obligations over the course "discques": "Unlike a household which not only has to service its debt obligations over the course o -- "ID": "1824", "question": "When a government records a fiscal surplus, which means it is withdrawing more purchasi "discques": "When a government records a fiscal surplus which means it is withdrawing more purchasin -- "ID": "1866", "question": "Which scenario represents a more expansionary outcome: (a) A fiscal deficit equivalent "discques": "Which scenario represents a more expansionary outcome:\n\n(a) A fiscal deficit equivale -- "ID": "1879", "question": "Which scenario represents a more expansionary outcome:\n(a) A fiscal deficit equivalent "discques": "Which scenario represents a more expansionary outcome:\n\n(a) A fiscal deficit equivale -- "ID": "1897", "question": "If there is more \"money\" in the economy its value inevitably declines.", "discques": "If there is more 'money' in the economy its value inevitably declines.", -- "ID": "1899", "question": "Consumption adds to aggregate demand and imports drain aggregate demand. The marginal p "discques": "The marginal propensity to consume (MPC) is conceptually the extra consumption that is -- "ID": "1908", "question": "When the national government's budget balance moves into deficit, we know that the gove "discques": "When the national government's fiscal balance moves into deficit, we know that the gove -- "ID": "1912", "question": "Choose the correct response (all balances expressed as a per cent of GDP):\n\n(a) A nat "discques": "Only one of the following propositions is possible (with all balances expressed as a pe -- "ID": "1949", "question": "Assume that a nation is continuously running an external deficit of 2 per cent of GDP. "discques": "Assume that a national is continuously running an external deficit of 2 per cent of GDP -- "ID": "1960", "question": "Which scenario represents a more expansionary outcome:\n