A government budget is not like a household budget. This report introduces the financial operations used by a central government with a free-floating currency, and explains how they differ from that of a household or corporation. The focus is on the types of constraints such a government faces.This report introduces a simplified framework for the monetary system, along with the operating procedures that are associated with it. Some of the complications seen in real-world government finance are then added onto this ...
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A government budget is not like a household budget. This report introduces the financial operations used by a central government with a free-floating currency, and explains how they differ from that of a household or corporation. The focus is on the types of constraints such a government faces.This report introduces a simplified framework for the monetary system, along with the operating procedures that are associated with it. Some of the complications seen in real-world government finance are then added onto this simplified framework.This report also acts as an introduction to some of the concepts used by Modern Monetary Theory, a school of thought within economics. Modern Monetary Theory emphasises the real limits of government action, as opposed to purely theoretical views about fiscal policy.
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Add this copy of Understanding Government Finance to cart. $3.97, good condition, Sold by Zoom Books Company rated 5.0 out of 5 stars, ships from Lynden, WA, UNITED STATES, published 2016 by BondEconomics.
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Add this copy of Understanding Government Finance to cart. $26.96, good condition, Sold by Bonita rated 4.0 out of 5 stars, ships from Newport Coast, CA, UNITED STATES, published 2016 by BondEconomics.
