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Fiscal theory of the price level and Real bills doctrine

Shortcuts: Differences, Similarities, Jaccard Similarity Coefficient, References.

Difference between Fiscal theory of the price level and Real bills doctrine

Fiscal theory of the price level vs. Real bills doctrine

The fiscal theory of the price level is the idea that government fiscal policy affects the price level: for the price level to be stable (to control inflation), government finances must be sustainable: they must run a balanced budget over the course of the business cycle, meaning they must not run a structural deficit. The real bills doctrine asserts that money should be issued in exchange for short-term real bills of adequate value.

Similarities between Fiscal theory of the price level and Real bills doctrine

Fiscal theory of the price level and Real bills doctrine have 2 things in common (in Unionpedia): Money supply, Quantity theory of money.

Money supply

In economics, the money supply (or money stock) is the total value of monetary assets available in an economy at a specific time.

Fiscal theory of the price level and Money supply · Money supply and Real bills doctrine · See more »

Quantity theory of money

In monetary economics, the quantity theory of money (QTM) states that the general price level of goods and services is directly proportional to the amount of money in circulation, or money supply.

Fiscal theory of the price level and Quantity theory of money · Quantity theory of money and Real bills doctrine · See more »

The list above answers the following questions

Fiscal theory of the price level and Real bills doctrine Comparison

Fiscal theory of the price level has 19 relations, while Real bills doctrine has 32. As they have in common 2, the Jaccard index is 3.92% = 2 / (19 + 32).

References

This article shows the relationship between Fiscal theory of the price level and Real bills doctrine. To access each article from which the information was extracted, please visit:

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