EFFECT OF INFLATION ON THE ECONOMY

ATTENTION:

BEFORE YOU READ THE ABSTRACT OR CHAPTER ONE OF THE PROJECT TOPICS BELOW, PLEASE READ THE INFORMATION BELOW.THANK YOU!

INFORMATION:

YOU CAN GET THE COMPLETE PROJECT OF THE TOPIC BELOW. THE FULL PROJECT COST N5,000 ONLY. THE FULL INFORMATION ON HOW TO PAY AND GET THE COMPLETE PROJECT IS AT THE BOTTOM OF THIS PAGE. OR

YOU CAN CALL: 08068231953, 08137701720

WHATSAPP US ON: 08137701720

EFFECT OF INFLATION ON THE ECONOMY

ABSTRACT

This study examines the effect of inflation on economic growth in Nigeria over the period of thirty eight (38) years from 1980 – 2017. To achieve the objectives of the study, annual time series data on real interest rate (RINR), exchange rate (EXCR), inflation rate (INFL) and gross domestic product (GDP) were collected from National Bureau of Statistics (NBS) and Central Bank of Nigeria (CBN)and were analyzed using Johansen co-integration, vector error correction and robust least square regression models. The co-integration result reveals the existence of one co-integrating equation in the system, suggesting that the variables of the study have a long-run equilibrium relationship. Similarly, the coefficient (-0.034) of the short-run vector error correction model was consistent with the expected negative sign, implying that there is a low speed of adjustment from short-run to long-run equilibrium among the variables of the study. The outcome of the robust least square regression equation indicates that inflation and interest rate were negatively signed, the coefficients were -0.1117 (inflation) and 0.0172 (interest rate). Suggesting that they have decreasing but significant effect on economic growth in Nigeria. Based on the findings, it is therefore recommended, among other thing that demand management policies be adopted in the short-run and both demand management and supply-side policies should be pursuedin the long-run. This is on the basis of the monetarist claim that inflation is always and everywhere, a monetary phenomenon.

HOW TO RECEIVE PROJECT MATERICAL(S)

After paying the appropriate amount (#5,000) into our bank Account below, send the following information to

08068231953 or 08168759420

(1)    Your project topics

(2)     Email Address

(3)     Payment Name

(4)    Teller Number

We will send your material(s) after we receive bank alert

BANK ACCOUNTS

Account Name: AMUTAH DANIEL CHUKWUDI

Account Number: 0046579864

Bank: GTBank.

OR

Account Name: AMUTAH DANIEL CHUKWUDI

Account Number: 3139283609

Bank: FIRST BANK

FOR MORE INFORMATION, CALL:

08068231953 or 08168759420

AFFILIATE LINKS:

easyprojectmaterials.com

easyprojectmaterials.com.ng

http://graduateprojects.com.ng/

http://freshprojects.com.ng/

http://info247.com.ng/

projectgtaduates.com.ng

projectmarket.com.ng

projectschool.com.ng

projectstudent.com.ng

projectshop.com.ng

projectstores.com.ng

projectarena.com.ng

projectbases.com.ng

googleprojectsng.blogspot.com

myprojectsng.blogspot.com.ng

https://projectmaterialsng.blogspot.com.ng/
https://foreasyprojectmaterials.blogspot.com.ng/
https://myeasymaterials.blogspot.com.ng/
https://eazyprojectsmaterial.blogspot.com.ng/
https://easzprojectmaterial.blogspot.com.ng/

Leave a Reply

Your email address will not be published. Required fields are marked *