The Weekend Quiz – May 19-20, 2018

Welcome to The Weekend 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. In a fixed coupon government bond auction, the higher is the demand for the bonds the:

2. A sovereign government does not have to issue debt to match any spending above taxation. But the more public debt it voluntarily issues the more difficult it is for banks to attract deposits to initiate loans from.

3. When an external deficit and public deficit coincide, there must be a private sector deficit.

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    8 Responses to The Weekend Quiz – May 19-20, 2018

    1. Julian Potter says:

      Yay, haven’t aced one of Bill’s weekend quizzes for ages.

      Thanks Bill for being a dedicated educator, as well as a maverick thinker. Those two don’t often coincide.

    2. Tom says:

      3 out of 3.

      More manageable quiz for today.

    3. CS says:

      3/3 this week.

    4. tony says:

      Whats an external deficit?

      Is that one where the money is flowing from the foreign sector into the country?

    5. Jerry Brown says:

      Just the opposite Tony. External deficit is when more money goes out to the foreign sector than comes back in.

    6. Lance says:

      Me too! Three out of three!

    7. PhilipO says:

      Jerry, just a bit of fun on words…
      Insert the word “sector” between external and deficit…..what would you think?
      now replace “sector” with “current”…… what would you think?

      a little light banter.

    8. PhilipR says:

      3/3 for me!

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