Quiz #439

• 1. A sovereign national government requires taxation revenue in order to spend
• False
• True
• 2. The posting of a fiscal surplus indicates that the national government has sought to reduce aggregate spending in the economy.
• False
• True
• 3. To redistribute national income back to workers from capital, wages have to grow faster than the inflation rate.
• False
• True

Quiz #439 answers

• 1. A sovereign national government requires taxation revenue in order to spend

Answer: True

• 2. The posting of a fiscal surplus indicates that the national government has sought to reduce aggregate spending in the economy.

Answer: False

• 3. To redistribute national income back to workers from capital, wages have to grow faster than the inflation rate.

Answer: False