Download Tag: FISCAL AND MONETARY POLICIES

CHAPTER ONE 1.1 HISTORICAL BACKGROUND An economy whether developing or developed is out to achieve certain objectives which include growth in the gross domestic product, reduction in the relit of inflation and unemployment, favorable balance of payment, and long term Socio-economic development. The growth of output of any economy depends on Capital accumulation; and capital accumulation requires investment and an equivalent amount of saving to match it. Two of the ...

CHAPTER ONE INTRODUCTION 1.1 BACKGROUND TO THE STUDY Monetary and Fiscal policies are the two major macroeconomic policies obtainable anywhere in the globe to achieve economic growth and sustainable development. Nigeria is not an exception of the countries whose major macroeconomic policies are monetary and Fiscal policy. One of the major objectives of monetary and fiscal policies in any economy is the achievement and maintenance of economic growth. The achievement ...