Description
The effectiveness of fiscal monetary policies in controlling inflation.
Abstract
The purpose of this project is to evaluate the Effect of Monetary and Fiscal Policies in checking the causes of Inflationary trends in the economy. Before the advent of fiscal and monetary policies, inflation has been regarded as a nation’s scourge, which tried to parlay the economic activities of the economy. This persistent inflationary increase in the country gave impetus for the launching of these two policies as a good weapon to check the negative tendencies of inflation. This work however considers briefly some of the various instruments used in monetary and fiscal policies to curb these problems. It also examines the extent of compliance of various income earners (fixed income earners and businessmen) and even the government towards these policies. The research work is divided into five sections. The introduction, the literature review, the research methodology, discussion of findings, summary, conclusion and recommendation. It is, therefore, a comprehensive and balanced supplement to augment the effort of previous writers in the field. It is valuable to readers and future writers.
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