Saturday Quiz – August 9, 2014

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.

Quiz #281

• 1. The private domestic sector of the economy can save overall, as long as the net exports are positive.
• False
• True
• 2. The payment to the private banks on reserves they hold with the central bank reduces their incentive to advance credit to the private sector.
• False
• True
• 3. A country can only start to reduce its public debt relative to GDP when the government can run primary fiscal surpluses (that is, government spending net of interest payments on debt is less than taxation).
• False
• True

Sorry, quiz 281 is now closed.

You can find the answers and discussion here