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A Multivariate Time Series Modeling of Major Economic Indicators in Nigeria

One of the key objectives of every good economy, whether or not developing or developed is to achieve a high and sustainable economic growth rate coupled with the economic indicators. The research on the Multivariate Time Series Modeling of Major Economic Indicators in Nigeria, aims at providing quantitative analysis of the dynamics on currency in circulation, exchange rate, external reserve, gross domestic product, money supply and price deflator. This study utilizes secondary data obtained from the Central Bank of Nigeria, Statistical Bulletin (vol. 21: 2010), of all variables investigated i…

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