Organization of the study 1.9 Definition of terms. CHAPTER TWO: LITERATURE REVIEW 2.1 Theoretical framework 2.2 Concept of monetary policy 2.3 Instrument of monetary policy 2.4 Monetary policy and inflation control 2.5 Problems associated with inflation control CHAPTER THREE: RESEARCH METHODOLOGY 3.1 Research Design 3.2 Sources of data collection 3.3 Method of Data collection 3.4 Technique of Data Analysis 3.5 Model specification CHAPTER
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YOUTH UNEMPLOYMENT Unemployment arises whenever the supply of labour exceeds the demand for it at the prevailing wage rate. Causes of unemployment can therefore be analyzed from both the supply and the demand sides of the labour market in Nigeria. On the supply side‚ there is the rapidly growing urban labour force arising from rural-urban migration. Rural-urban migration is usually explained in terms of push-pull factors. The push factors include the pressure resulting from man-land ratio
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country‚ our economy has skyrocketed to the max with expenses and the cost
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make the best purchasing decisions they can‚ given their limited incomes. B) Workers do not have as much leisure as they would like‚ given their wages and working conditions. C) Workers in planned economies‚ such as North Korea‚ do not have much choice over jobs. D) Firms in market economies have limited financial resources. Answer: A Diff: 1 Section: 1.1 3) Economics is about the allocation of scarce resources. Which of the following is NOT an example of economic scarcity? A) If
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President Goodluck Jonathan yesterday presented a budget proposal of N4.2 billion to the joint session of the National Assembly with emphasis that job and wealth creation for teeming unemployed Nigerians would top the agenda of his administration in the coming fiscal dispensation. The initial schedule of the president to make the presentation at 12 noon yesterday at the green chambers of the House of Represents‚ was rescheduled to 2 p.m. He was later accompanied to the venue by his Special Adviser
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16 chapter sixteen The Economy and Work How does change in the economy reshape society? What makes capitalist and socialist economies different? Why have the types of jobs available in the United States changed over the last fifty years? Here’s a quick quiz about the U.S. economy (Hint: All five questions have the same right answer): • Which business do 100 million people in the United States visit each week? • Which U.S. company‚ on average‚ opens a new store every day? • Which U.S. company
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i) Discuss the effects of inflation on consumers in the country. One should wonder how the average wage earner is going to survive in the city with the arbitrary hikes in food prices‚ not only in Kuala Lumpur but word has it that food prices are generally 20 to 30% higher over in East Malaysia. Hawkers and restaurants seem to raise their prices‚ usually citing the oil hikes and its gravy train effect on every thing from higher transportation costs‚ higher labour costs‚ profiteering and essential
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nations in the developing world in a very similar way. Nigeria suffered a fall in oil prices ‚ reduction in exports and a downward trend in the stock market whilst South Africa suffered the same effects but rather than crude oil they suffered in the fall of commodity prices. Policies to stimulate the economy are different in terms of trade where Nigeria is more free trade and South Africa became more protectionist after the crisis. The Nigerian economy lacks diversity and is overly dependent on Oil ‚ while
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It can be generally said that GIS involves or entails a computerized system that deals with data in terms of collection from many sources‚ efficient digital storage‚ managing and administering of data which includes integration of various data sets into a common database. It also involves easy and efficient selection and viewing of data in different varieties‚ conversion of data from one geometrical projection to another‚ rescaling and other computer maneuvers. Also data’s are analyzed‚ modeled and
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“automatically approximates the impact of inflation” is true only if exchange rates are perfectly negatively correlated with differences in national inflation rates. This condition‚ known as purchasing-power parity‚ does not exist here. A quick review of the price level and exchange rate information shows that the difference in inflation between Iceland and the United States was not offset by changes in the dollar value of the kronur. Thus‚ some form of inflation accounting prior to currency translation
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