The Weekend Quiz – December 11-12, 2021

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 #665

  • 1. During the American Civil War, the Confederate states experienced rising inflation as a result of their war spending in 1861. The Confederate Government could have eased the inflationary impact of this spending by issuing more bonds than it did.
    • False
    • True
  • 2. Government deficits can crowd out private spending.
    • False
    • True
  • 3. If there is an external deficit, then government deficits are required if private households are to save.
    • False
    • True

Sorry, quiz 665 is now closed.

You can find the answers and discussion here

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