The Weekend Quiz – April 2-3, 2016

Welcome to The Weekend Quiz, which used to be known as the 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 only time that fiscal surplus represents increased national savings is when the government creates a sovereign fund.



2. The massive build-up of Chinese holdings of US government debt indicates that Chinese investors have been funding the US government deficits.



3. If employment growth matches the pace of growth in the civilian population (people above 15 years of age) then the economy will experience a constant unemployment rate as long as participation rates do not change.





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    This Post Has 5 Comments

    2. Question 3-“the pace” of growth??? Employment growth is a growth in the stock of employed people and is a number such as ‘750,000 more employed people’ or ‘2 more employed people’. How does that number have to match a “pace of growth” which I assume is a Neoliberal trickery for ‘rate of growth’ measuring a percentage change in the population?

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