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CORRELATION BETWEEN GROSS DOMESTIC PRODUCT AND INFLATION RATE IN THE ROMANIAN ECONOMY BETWEEN 1991-2014

Savu Mihaela ()
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Savu Mihaela: Faculty of Management-Marketing in Economic Affairs, "Constantin Brâncoveanu" University of Pitesti

Management Strategies Journal, 2015, vol. 28, issue 2, 20-24

Abstract: The article presents gross domestic product and inflation rate - two of the macroeconomic indicators with the strongest influences in the economy. The analysis of these indicators is performed over the interval 1991- 2014. In the Romanian economy, between the two indicators there is a negative relationship of moderate intensity. Using the Microsoft Excel spreadsheet application, Data Analysis module, it was possible to establish a regression function between gross domestic product and inflation rate.

Keywords: Gross Domestic Product; inflation rate; correlation; regression (search for similar items in EconPapers)
JEL-codes: A10 C25 E31 (search for similar items in EconPapers)
Date: 2015
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Persistent link: https://EconPapers.repec.org/RePEc:brc:journl:v:28:y:2015:i:2:p:20-24

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