The Weekend Quiz – June 8-9, 2019
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.
Dear Bill,
Surely there is a second way of having unbalanced external accounts – that is that deficit countries like to have surplus countries gaining stocks of their currency because the deficit countries then gain real trading advantage (ie the imported goods) over the surplus countries, just for the “paper money”. (I may have a logic malfunction!).
Regards,
Dave.
3/3 again! If you want to really ace Bill’s quizzes buy the textbook. Oh yeah that’s right- it sold out! That was the best bit of news I’d had in a long time. The idea of the progressives of the world up late at night pondering the multiplier formula by candlelight.
Yay! 3 outa 3! My previous dud scores have convinced me to buy the book, cs.