The Weekend Quiz – September 15-16, 2018

Welcome to The Weekend Quiz. The quiz tests whether you have been paying attention or not to the blog posts that I post. See how you go with the following questions. Your results are only known to you and no records are retained.

* This week (Tuesday, September 11, 1973) marked the 45th Anniversary of the day when right-wing forces aided by the US overthrew the democratically elected government Chile. It was a terrorist act we should continue to remember like other terrorist acts!

1. The IMF use their estimates of the Non-Accelerating Inflation Rate of Unemployment (NAIRU) to calibrate their structural deficit estimates. Accordingly, the structural deficits will typically be:




2. Under a fiat monetary system, the absence of currency convertibility means that:




3. Only one of the following statements can be true when you observe rising government bond yields for new issues:






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    4 Responses to The Weekend Quiz – September 15-16, 2018

    1. Mr Shigemitsu says:

      3 out of 3!

      That’s twice in about 3 years. – I’m getting there…slowly!

    2. Robert Morgan says:

      Well as they say in the song, 2 out of 3 ain’t bad…

    3. Tom says:

      2 out of 3.

      Got number one wrong.

      Just a side note, I went to CNN for some coverage on Florence today before heading to work and the headline said something like, “Florence could leave 400,000 customers without electricity…”

      Apparently, Americans/people have evolved into customers now, we aren’t just merely citizens!

      Just daily dose of neoliberalism.

    4. Sam says:

      Yeah, in the NYC subway, announcements are made to “customers”, no longer “passengers”.

      We’re not a society, we’re a market.

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