Here are the answers with discussion for this Weekend’s Quiz. The information provided should help you work out why you missed a question or three! If you haven’t already done the Quiz from yesterday then have a go at it before you read the answers. I hope this helps you develop an understanding of Modern…
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.
Quiz #403
- 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.
- False
- True
- 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.
- False
- True
- 3. The public debt ratio is of no concern because economic growth will always bring it down after a recession.
- False
- True
Sorry, quiz 403 is now closed.
You can find the answers and discussion here
2 from 3 … last one wrong
Ended a bad streak – 3 out of 3.
bill
when your advanced textbook will come out i am still waiting for it
thank you
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.