Wednesday , June 26 2019
Home / Bill Mitchell / The Weekend Quiz – June 8-9, 2019

The Weekend Quiz – June 8-9, 2019

Summary:
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. The only way that you can have unbalanced external accounts across nations (some countries with surpluses and other deficits) is because the surplus countries desire to hold financial assets denominated in the currency of the deficit countries.TrueFalse2. Like anything in abundance, it is true that when there is more "money" in the economy its value declines.TrueFalse3. The imposition of a fiscal rule at the national government level that the fiscal account has to be in balance at all times would eliminate fiscal balance swings driven by the

Topics:
Bill Mitchell considers the following as important:

This could be interesting, too:

Bill Mitchell writes The Weekend Quiz – June 22-23, 2019 – answers and discussion

Bill Mitchell writes The Weekend Quiz – June 22-23, 2019

Bill Mitchell writes The Weekend Quiz – June 8-9, 2019 – answers and discussion

Bill Mitchell writes The Weekend Quiz – June 8-9, 2019

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. The only way that you can have unbalanced external accounts across nations (some countries with surpluses and other deficits) is because the surplus countries desire to hold financial assets denominated in the currency of the deficit countries.



2. Like anything in abundance, it is true that when there is more "money" in the economy its value declines.



3. The imposition of a fiscal rule at the national government level that the fiscal account has to be in balance at all times would eliminate fiscal balance swings driven by the automatic stabilisers.





Bill Mitchell
Bill Mitchell is a Professor in Economics and Director of the Centre of Full Employment and Equity (CofFEE), at the University of Newcastle, NSW, Australia. He is also a professional musician and plays guitar with the Melbourne Reggae-Dub band – Pressure Drop. The band was popular around the live music scene in Melbourne in the late 1970s and early 1980s. The band reformed in late 2010.

Leave a Reply

Your email address will not be published. Required fields are marked *