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The Weekend Quiz – March 21-22, 2020

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.

1. Given that most governments are sovereign in their own currencies, there is no limit on the expenditure that these governments can introduce to deal with the coronavirus emergency.

2. A rising government deficit will always allow the household sector to increase its saving in nominal terms

3. A rising government deficit always indicates an expansionary shift in policy.

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