Quiz #358

• 1. Workers can enjoy a stable share of national income over time if they secure wage and salary increases in line with the growth in their contribution to production (labour productivity).
• False
• True
• 2. The tax revenue a government takes in each period has no bearing on the real spending capacity of a sovereign government.
• False
• True
• 3. The government sector and the private domestic sector can simultaneously net save (under current public sector debt-issuance arrangements).
• False
• True

Quiz #358 answers

• 1. Workers can enjoy a stable share of national income over time if they secure wage and salary increases in line with the growth in their contribution to production (labour productivity).

Answer: False

• 2. The tax revenue a government takes in each period has no bearing on the real spending capacity of a sovereign government.

Answer: False

• 3. The government sector and the private domestic sector can simultaneously net save (under current public sector debt-issuance arrangements).

Answer: True