A time series data has been used to check the relation between inflation and GDP for the period of 1971 to 2011. Granger Causality test and Ordinary Least Square method has been used to obtain the empirical evidence. The results of Granger Causality test suggest that GDP causes inflation. The...
Estimated threshold model indicates that there is a non-linear relationship between economic growth and inflation in the Azerbaijani economy and threshold level of inflation for GDP growth is 13 percent. Below threshold level inflation has statistically significant positive effect on GDP growth, but ...
Answer to: What would be the expected relationship between GDP, inflation rate, and unemployment rate? What happens when one goes up, to the other...
Explain the different views on the relationship between inflation and growth. What is the relationship between interest rates, inflation, unemployment exchange rate, fiscal policy, and contribution to different economies? What would be the expected relationship between GDP, inflation rate, and unemployment...
The main control variables used include government size, gross domestic product per capita growth rate, population growth rate, public debt, inflation rate, and current account balance. Government size (GOVSIZE): This is the general government’s final consumption expenditure as a percentage of the...
(very corrupt). While the economic performance used in this paper are published annually by the World Bank, the economic performance in this paper is presented by three macroeconomic variables namely; unemployment, inflation and GDP growth. These three variables are mostly used to measure the ...
The relationship between money supply and the GDP depends on the short-term or long-term view of the economy. The nominal GDP tends to rise with the money supply. Real GDP, also referred to as "constant price," "inflation-corrected," or "constant-dollar GDP," is an inflation-adjusted me...
Higher oil prices contribute to inflation directly and by increasing the cost of inputs. There was a strong correlation between inflation and oil prices during the 1970s. Oil's potential to stoke inflation has declined as the U.S. economy has become less dependent on it. ...
The results of the study show that in the long-run there is a bidirectional causality between inflation and exchange rate. Renewable energy use in Mexico also impacts both inflation and exchange rate but exchange rate and inflation do not impact renewable energy in the long-run. The short-run...
Montse Ferrer, a deputy regional director at Amnesty International, said in a statement that the flogging was "a horrifying act of discrimination. Intimate sexual relations between consenting adults should never be criminalised." She urged the government to take immediate action to ...