Here are the answers with discussion for this Weekend’s Quiz. The information provided should help you work out why you missed a question or three! If you haven’t already done the Quiz from yesterday then have a go at it before you read the answers. I hope this helps you develop an understanding of Modern…
The Weekend Quiz – June 27-28, 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.
Quiz #588
- 1. National accounting shows us that a government surplus equals a non-government deficit. If fiscal austerity does generate fiscal surpluses it does so by swapping public for private debt.
- False
- True
- 2. In a stock-flow consistent macroeconomics, the sectoral balance stocks all sum to zero.
- False
- True
- 3. Public spending can "crowd out" private spending.
- False
- True
Sorry, quiz 588 is now closed.
You can find the answers and discussion here
