• Cluster Analysis On The Effect Of Dollar Increment On The Economy Of Nigeria

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    • THIS STUDY FOCUSED ON THE CLUSTER ANALYSIS ON THE EFFECT OF DOLLAR INCREMENT ON THE ECONOMY OF NIGERIA
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    • CHAPTER ONE - [ Total Page(s): 3 ]When the value for the dollar increase which simultaneously devaluates the Naira, domestic firms and households can no longer afford to buy domestic goods and services, and foreigners aren't interested in buying overpriced goods and labour. So companies go broke or cash trapped and unemployment rises because more people would be layed off. With lots of unused industrial capacity and crowds of unemployed workers, prices and wages slowly decline. More flexible labour markets with lots ... Continue reading---