Question 1. Explain the following sentence using the arguments of the money-debt approach. - Money is based on shared imagination of the people. It is a psychological construct, not a material..." (E. G. Espinosa, 2018) Answer 1. Question 2. Briefly discuss the inconveniences of the barter economy. Write down the functions of money? Discusa those functions based on both money-commodity and money. debt approaches. Question 5. Discuss the government's monopolistic role in coin\&money production and the privilege to generate seigniorage revenue? Do digital currencies like Bitcoin, Ethereum pose a threat to the government's monopolistic position? Discuss the scarcity and elasticity of Decentralized Money