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Saturday Quiz – March 30, 2013

Welcome to the Billy Blog Saturday Quiz. The quiz tests whether you have been paying attention over the last seven days. See how you go with the following questions. Your results are only known to you and no records are retained.

1. The larger the balances that the commercial banks have on account with the central bank the more they can lend to customers

2. The inflation risk of government deficit spending is invariant between matching the change in net spending with funds provided by the central bank or issuing debt to the private bond markets.

3. Only one of the following propositions is possible (with all balances expressed as a per cent of GDP).

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    This Post Has 2 Comments
    1. hmm 3/3 this week, are the questions getting easier or am i learning more. thanks again Bill for your continued work. Cheers

    2. There will come a time when the anti-spam math question is harder than the multiple choice questions.

      P.S.: 4/4 if you can read this.

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