Title
Balance of Payments, Money Supply and Inflation: Balance of Payments, Money Supply and Inflation: an Empirical Study of Their Re,Used
Delivery time: 8-12 business days (International)
This book seeks to find out if the balance of payments influence variation in the money stock and if in turn, the money supply exert changes in the inflationary spiral in Nigeria.The Granger test is also invoked to determine the line of causation between the balance of payments and money supply on the one hand, and money supply ad inflation on the other hand. Various equations are estimated in order to test the framed hypotheses. The major results of the empirical tests are that: (i) developments in the external sector is reflected in money supply behaviour; (ii) sterilization of foreign net flows is absent given its low value (iii) inflation in Nigeria is positively and significantly influenced by money supply but more by real output. And that flexible exchange rates are more potent. This suggests a higher inflation in the era of the Structure Adjustment Programme. The concluding remarks emphasized the sustainable use of sterilization instrument (open market sale of treasury bills) to check the unprecedented money supply growth. This also will proceed to alleviate the inflation pressure in Nigeria.
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⚠️ WARNING (California Proposition 65):
This product may contain chemicals known to the State of California to cause cancer, birth defects, or other reproductive harm.
For more information, please visit www.P65Warnings.ca.gov.
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Shipping & Returns
Shipping
We ship your order within 2–3 business days for USA deliveries and 5–8 business days for international shipments. Once your package has been dispatched from our warehouse, you'll receive an email confirmation with a tracking number, allowing you to track the status of your delivery.
Returns
To facilitate a smooth return process, a Return Authorization (RA) Number is required for all returns. Returns without a valid RA number will be declined and may incur additional fees. You can request an RA number within 15 days of the original delivery date. For more details, please refer to our Return & Refund Policy page.
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Warranty
We provide a 2-year limited warranty, from the date of purchase for all our products.
If you believe you have received a defective product, or are experiencing any problems with your product, please contact us.
This warranty strictly does not cover damages that arose from negligence, misuse, wear and tear, or not in accordance with product instructions (dropping the product, etc.).
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Your payment information is processed securely. We do not store credit card details nor have access to your credit card information.
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