2022_심화영어

(A) However, supporters of MMT argue that it is a way to promote public investment and address economic inequality. MMT has sparked important debates about the role of government in the economy and has gained significant attention among policymakers and economists in recent years. (B) According to MMT, taxes are not necessary to fund government spending, but rather serve as a means to regulate the economy and reduce income inequality. Critics of MMT argue that its assumptions about government spending and deficits are unrealistic and could lead to high inflation and economic instability. (C) Therefore, MMT suggests that governments should focus on achieving full employment and price stability, rather than worrying about deficits and debt. This means that government deficits are necessary to support private sector investment and to finance public investments in areas such as construction, transportation, education, and healthcare. Write the order of the paragraphs that follow the sentences below. D Modern Monetary Theory (MMT) is an economic theory that challenges conventional wisdom about government deficits and spending. MMT argues that a country that issues its own currency can never run out of money, since it can always create more. Sujin: Hey, Inho, have you thought about your presentation assignment topic? Inho: Actually, I haven’t decided yet. I’m still trying to figure out what topic to choose. … Read the story and write a dialog. Then choose a role and talk with your partner. C Sujin asked Inho if he had thought about his presentation assignment topic. Inho replied that he hadn’t decided yet and was still trying to figure out what topic to choose. Sujin told him not to worry and proceeded to propose a few ideas. She suggested exploring the role of supply and demand in shaping market prices. Inho found the idea of supply and demand’s impact on market prices interesting. Sujin then presented another option—how countries can benefit from trading with each other—to Inho. She said it would be particularly good if he was interested in international trade. Inho admitted that he hadn’t delved into the topic much before. Sujin pointed out that it was a fascinating subject with practical implications. Inho expressed his gratitude to Sujin, stating that her suggestions had given him some direction, and he would carefully consider them. Pricing Mysteries! 93