Who is currency issuer and why do they issue currency

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Reference no: EM133241016

Question - Adidas Break Free Analytical Review

Description - Every student should read the Introduction and Chapter 1 of The Deficit Myth. Bring written answers to: question 1, as well as, 2 other questions of your choosing from the list. You may always answer question 1 additional times instead of answering other questions, but you should end up with 3 answers in total.

Each answer should be a short paragraph (3-5 sentences) and can be hand-written or typed and should be brought with you to your discussion session.

1. What is something in this reading which you did not understand? Describe what you understand about it and explain where your confusion lies. Alternatively, if you had an 'Ah-hah!' moment while reading the text, you can describe what it is that you were unclear about before, but now understand.

2. Dr. Kelton spends a lot of time talking about currency, its creation and function. Who is currency issuer, why do they issue currency, and who is a currency 'user'?

3. What is a monopoly? What monopoly market does Dr. Kelton talk about? Who controls this market and how?

4. What is the purpose of taxes?

5. Can the government have a balanced budget or budget surplus forever? Why or why not?

Reference no: EM133241016

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