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IMPACT OF MONETARY POLICY INSTRUMENTS ON UNEMPLOYMENT IN NIGERIA
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- Contributor: Liousa-Ekene
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- Case No: 522639pw
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ABSRACT - [ Total Page(s): 1 ]This study was undertaken to ascertain the impact of monetary policy on unemployment in Nigeria. This research is being carried out to determine the overall impact of monetary policy on unemployment. In this study, we empirically determined the impact of selected monetary policies on unemployment in Nigeria from 1980 – 2015. The specific objectives of this study are to determine the impact of selected monetary policy on unemployment in Nigeria, to determine if there is a long run relationship between monetary policy and unemployment. From our findings, there exist a positive but insigni
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CHAPTER ONE - [ Total Page(s): 2 ]INTRODUCTION 1.1 Background of the Study Monetary policy rests on the relationship between the price at which money can be borrowed and the total supply of money in the economy. It is generally referred to as being expansionary or contractionary, where an expansionary policy increases the total supply of money in the economy rapidly, and contractionary policy decreases the total money supply, or increases it slowly. When a central bank embarks on an expansionary monetary policy, it does so to stimulate domestic economy and reduce unemployment, while contractionary policy involves raising inte ... Continue Reading
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ABSRACT - [ Total Page(s): 1 ]This study was undertaken to ascertain the impact of monetary policy on unemployment in Nigeria. This research is being carried out to determine the overall impact of monetary policy on unemployment. In this study, we empirically determined the impact of selected monetary policies on unemployment in Nigeria from 1980 – 2015. The specific objectives of this study are to determine the impact of selected monetary policy on unemployment in Nigeria, to determine if there is a long run relationship between monetary policy and unemployment. From our findings, there exist a positive but insigni
... Continue Reading
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