THE EFFECT OF INFLATION AND INTEREST RATE ON ECONOMY GROWTH IN NIGERIA
CHAPTER ONE INTRODUCTION 1.1 Background of the study Rapid output growth and low inflation are the most common objectives of macroeconomic policy in both developed and developing economies. In Nigeria, the formulation and implementation of monetary policy by the Central Bank of Nigeria (CBN) was aimed at maintaining price stability which is consistent with the achievement of sustainable economic growth. The monetary authority strives to achieve the governments overall inflation ...
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