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Effect of Disaggregated Public Expenditure on Inflation and Unemployment in Nigeria

The study examined the effect of government expenditure on inflation and unemployment in Nigeria, covering the period 1994–2023. Specifically, the study disaggregated government expenditure into economic, social, and administrative components to evaluate their individual impacts on key macroeconomic variables. An ex-post facto research design was adopted, relying on secondary data from the Central Bank of Nigeria Statistical Bulletin and the National Bureau of Statistics. The Vector Erro Correction model specification was adapted to test the relationship between the independent variables and t…

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