This paper examines the relationship between key macroeconomic indicators and GDP growth using regression analysis, summary statistics, and correlation matrix results. The findings indicate that unemployment, interest rates, and inflation significantly impact GDP growth, aligning with established economic theories. The study contributes to the literature by reinforcing the role of monetary policy and labor market conditions in shaping economic performance. The analysis provides a comprehensive understanding of how these variables interact and influence economic activity, with implications for policymakers and economists aiming to optimize growth strategies.
Shaikh Abdul Sattar (Thu,) studied this question.