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The Weekend Quiz – April 2-3, 2022

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.

These were the Quiz questions for the fourth and final week of my edX MOOC – Modern Monetary Theory: Economics for the 21st Century.

I promised students that I would provide answers and analysis for them after the course finished.

1. The MMT classification of exports as a cost means:





2. A rising child dependency ratio:





3. When a nation’s exchange rate depreciates:





4. When a nation’s exchange rate appreciates, the debt servicing payments for debt denominated in a foreign currency:





5. A nation will become more competitive in international trade if:
  1. (a) Its nominal exchange rate is unchanged, but its inflation rate falls relative to other nations.
  2. (b) Its nominal exchange rate is unchanged, but its inflation rate rises relative to other nations.
  3. (c) Its nominal exchange rate appreciates, but its inflation rate is unchanged relative to other nations.
  4. (d) Its nominal exchange rate depreciates, but its inflation rate is unchanged relative to other nations.











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