Quiz #200

• 1. In general, the estimates provided by the organisations such as the OECD and IMF of the impact of the automatic stabilisers are biased upwards.
• False
• True
• 2. If there is an external deficit, efforts by the private domestic sector to increase its overall saving as a percentage of GDP, will ensure the government budget is in deficit, irrespective of what the government desires.
• False
• True
• 3. When a government runs a continuous budget deficit public spending builds up over time.
• False
• True