Abstract
The major goals of macro-economic policy are: to achieve full employment in other words maintain a low and stable level of unemployment. To maintain a relative stable level of price payment position at a fixed stable exchange rate of growth.
Practically, inflation which is a persistence increase in general price level is one of the macro-economic problems facing Nigeria today. According to Ewa Udu and Agu G.A it began in Nigeria during and after the Nigeria civil war (that is from 1965-1970).Before the war, there was noticeable increase in the price of so many commodities such as a bag of 50cups of rice that cast #14.00 rises to #43.00 immediately after the civil war in 1970. Also there was an increase in the price of other goods and since 1979 the rate of inflation in Nigeria has been increasing.
Raji, A. (2018). THE ANALYSIS OF THE IMPACT OF UNEMPLOYMENT AND INFLATION ON BALANCE OF PAYMENT IN NIGERIA. Afribary. Retrieved from https://afribary.com/works/the-analysis-of-the-impact-of-unemployment-and-inflation-on-balance-of-payment-in-nigeria-4939
Raji, Alex "THE ANALYSIS OF THE IMPACT OF UNEMPLOYMENT AND INFLATION ON BALANCE OF PAYMENT IN NIGERIA" Afribary. Afribary, 29 Jan. 2018, https://afribary.com/works/the-analysis-of-the-impact-of-unemployment-and-inflation-on-balance-of-payment-in-nigeria-4939. Accessed 28 Apr. 2024.
Raji, Alex . "THE ANALYSIS OF THE IMPACT OF UNEMPLOYMENT AND INFLATION ON BALANCE OF PAYMENT IN NIGERIA". Afribary, Afribary, 29 Jan. 2018. Web. 28 Apr. 2024. < https://afribary.com/works/the-analysis-of-the-impact-of-unemployment-and-inflation-on-balance-of-payment-in-nigeria-4939 >.
Raji, Alex . "THE ANALYSIS OF THE IMPACT OF UNEMPLOYMENT AND INFLATION ON BALANCE OF PAYMENT IN NIGERIA" Afribary (2018). Accessed April 28, 2024. https://afribary.com/works/the-analysis-of-the-impact-of-unemployment-and-inflation-on-balance-of-payment-in-nigeria-4939