INFLATION AND UNEMPLOYMENT TRADE OFF IN NIGERIA PHILLIP CURVE
Abstract This study investigated the relationship between unemployment and inflation in Nigeria. The model specified unemployment as a function of inflation. The statistical tests used were simple percentage and the chi-square statistics. Based on the above tests carried out, the study found out that: Inflation significantly impacted unemployment in Nigeria both in the long run and short run. This implies that increase in government expenditure reduces unemployment, it can also ...
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