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Saturday Quiz – June 6, 2009

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 five questions. Your results are only known to you and no records are retained.

1. An ever expanding budget deficit is likely to be inflationary




2. The Australian government is in a better position to weather this current crisis and expand the deficit




3. BHP builds its business by borrowing and investing in assets which allow it to earn an economic rate of return. Most commentators applaud this level of entrepreneurship. The analogy




4. The projected budget deficit is $58 billion next financial year. It is likely that this injection will be




5. Commercial banks should applaud the government going into deficit because






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