CHAPTER ONE INTRODUCTION STATEMENT OF THE PROBLEM The inflationary period is a time of high price of goods and service. Onah (2005) this works the quantity and type of products (good and services) purchasable by individuals and corporate body at any point in time. The problem passed by this, is that individuals and corporate bodies in the society are unable to purchase the quantity of desired products during inflation. During ...
Read moreCHAPTER ONE 1.1 BACKGROUND TO THE STUDY Every country in the world aim at achieving economic growth and development. This is only possible if a country has adequate sources. In developing countries especially those in sub-saharan Africa. The resources to finance the optimal level of economic growth and development are in short supply. Inflation, economic growth and interest rate concepts that are central and interrelated in Macro economic. A proper ...
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