Sunday, July 5, 2009

July Quiz!

Today is the day we start our monthly competition. Still not sure of the prize but rest assured, it will be decent. All you have to do is answer the following five questions correctly. Send your answers along with your name (and address if I don't teach you) to bleconomics@gmail.com. Closing date is Friday, 31st July. The answers are all on the site somewhere! Good luck!

1. Which famous British economist, currently back in fashion, believed the way to stimulate an economy in a recession (or depression) was for the government to reduce interest rates and also to invest in infrastructure?

2. NAMA is to be run under the control of which body?

3. Which economist, known affectionately as Dr. Doom, coined the term 'stagdeflation' in 2008?

4. Where and when was the IMF founded?

5. Which company announced in February that it is entering the residential electricity market, with a guarantee to customers that its prices will be at least 10% lower than the ESB?

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