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The Weekend Quiz – December 10-11, 2016

Welcome to The Weekend Quiz, which used to be known as the Saturday Quiz! The quiz tests whether you have been paying attention or not to the blogs I post. See how you go with the following questions. Your results are only known to you and no records are retained.

1. A program of fiscal austerity (pushing towards surplus) will always undermine attempts by the private domestic sector to reduce its indebtedness when a nation external balance is in deficit.

2. A rising level of bank reserves will make it easier for banks to expand credit to the private sector if the demand for loans increases.

3. The public debt ratio is of no concern because economic growth will always bring it down after a recession.

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    This Post Has 4 Comments
    1. No. 3 seemed like the “trick question”. I got it right, but to be honest, was teetering on the brink for a while.
      As always, the explanations will be very instructive, I’m sure.

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