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The Weekend Quiz – December 18-19, 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.

1. In most nations at present, both the government and the private domestic sectors are carrying historically large debt ratios. However, under current public sector debt-issuance arrangements, only one of these sectors can reduce its debt level at a time.

2. Workers can enjoy a stable share of GDP over time if their money wages increase in line with labour productivity.

3. The tax revenue a government receives constrains the real spending capacity of a sovereign government.

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