• IMPACT OF INFLATION ON COST OF LIVING IN NIGERIA 1982 to 2012


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    • ABSRACT - [ Total Page(s): 1 ]Inflation is simply rise in prices of commodities and devalues of money. It directly influences the standard of living. The effect of inflation has made it very difficult for many households have to get their basic necessities which have gone beyond their purchasing power. This study is about the impact of inflation to the cost of living and its main objectives are to find out the riskiness of inflation to the purchasing powered of society and to determine the main factors those contribute the inflation. The purpose of this paper is to give the impact of inflation on cost of living. This pape ... Continue Reading

         

      CHAPTER ONE - [ Total Page(s): 2 ]1.3 RESEARCH QUESTIONSIn-order to achieve the stated objectives of the study, the researcher developed the following research questions:1. Why have all the policies used been unable to reduce inflation and cost of living to an acceptable level?2. How can the economy of Nigeria be sustainable into the foreseeable future?3. What are the economic implications of high inflation and higher cost of living on the economy of Nigeria?1.4 OBJECTIVES OF THE STUDYThe main aim of the study will be to examine various monetary and fiscal policies that will help sustain the economy of Nigeria with much emphas ... Continue Reading