The Effect Of Federal Expenditure And Money Supply On The Rate Of Unemployment (1989-2000)

ABSTRACTThis study is motivated by the fact that federal expenditure and money supply are tools that have an effect on the rate of unemployment. But to which extent, these instrument have contributed either to worsen the problem of unemployment or alleviate it.To investigate this problem, two hypotheses were formulated as follows.Ho:There is no relationship between money supply and unemployment.Hi:There is no relationship between federal expenditure and unemployment.In testing the hypothesis, secondary data was used and analyzed using regression and correlation analysis as well as student t-te…