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This study examined the impact of monetary policy on economic growth in Nigeria. The secondary data used include the … model (VECM) was adopted as the estimation technique of the study. Findings show that there is no bidirectional granger … but low effect on GDP. Therefore, the study recommended that monetary authority- The Central Bank Nigeria (CBN) should …
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expenditure and economic growth by employing the Error Correction Mechanism (ECM) and Johansen co-integration test respectively … increases real output level. -- economic development ; co-integration ; Granger causality ; deficit financing …
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