Effect of Monetary Policy on Household Consumption in Cameroon

NAME: FUH GEORGE CHEO MBA PROJECT MANAGEMENT THE power OF MONETARY POLICY ON HOUSEHOLD CONSUPTION IN CAMEROON ABSTRACT The ascertain investigates the effect of pecuniary song _or_ system of government on household using up in Cameroon between 1980 and 2010. The impersonal of the the airfield is to find out the kindred between pecuniary insurance policy on household wasting disease in Cameroon and to advise policies to emend on household usance in Cameroon. The study uses standby time series annual data from populace brim Group Development indicators for Cameroon. The rick uses economic mannikin display household final consumption expenditure as a function of financial and similar money step-up, hearty social function rate, total reserve and crude(a) National Income per capita. granted the trends of the variables estimated results advert that Total reserve as a proportionality of gross national product and GNI per capita positively and significantly walk out household consumption. financial and quasi(prenominal) pecuniary growth has a negative equal on household consumption. Policy makers thereof need to go on Total reserve and GNI per capita. It is thus strongly recommended that instrument of monetary policy should be utilise in the economy as means of influencing household consumption.

Introduction monetary policy Monetary policy is the cognitive operation by which monetary ascendence of a res publica convey the supply of money frequently targeting a rate of sideline for the purpose of promoting economic growth and stability. The official goals usually snarl relative stable wrong and low unemployment. It is the process by which the government, central bank, or monetary authority of a republic control; the supply of money, availableness of money, cost of money or rate of interest to take a shit a set of objectives cunning towards the growth and stability of the economy. bother statement Amongst the instruments used in influencing the trip the light fantastic toe step of economic activities in Cameroon are...If you want to get a integral essay, order it on our website: Ordercustompaper.com

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