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The Weekend Quiz – March 7-8, 2020

Welcome to The Weekend Special Birthday 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.

1. While the desire by governments to reduce their public debt ratios through fiscal austerity is ill-founded, the strategy will always succeed but at the cost of higher unemployment.

2. The Confederate government in 1861 could have eased the inflationary impact of its war spending by issuing more bonds than it did.

3. When net exports are negative, government deficits will be required if the private domestic sector is to save overall.

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