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Weekend Quiz – October 15-16, 2022 – Bill Mitchell – Modern Monetary Theory


Welcome to weekend quiz. Quiz Test if you’ve been following my blog posts. See how you answered the following questions. Your results are known only to you and no records are kept.

These are my quiz questions for the first week of my edx MOOC – Modern Monetary Theory: Economics in the 21st Century – This week is over.

I assure my students that I will provide them with answers and analysis after the course is over. So for the next 4 weeks, this is the “weekend quiz” I’ll be doing.

1. Which of the following would increase GDP at any time period?

  1. (a) Buy some strawberries from the supermarket.
  2. (b) Payments made by the national government to civil servants of the tax authorities.
  3. (c) Payments made by the national government to old age pensioners.
  4. (d) Purchase an older model car from a car dealer.
  5. (e) The owner-occupier purchased some house paint as part of a renovation project.
  6. (f) Purchase some interior paint by a professional paint dealer as part of a renovation project.
  7. (g) The sale of some military equipment to another country.
  8. (h) buy a portion of the airline’s shares.







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