Causal relationship between money supply and real gross domestic product in the Libyan economy

Abstract

This paper focused on studying the relationship between real Gross Domestic Product and the amount of money supply in the Libyan economy during the period 1980 to 2014, where modern standard methods were used, and the study reached a set of results, the most important of which is the existence of a direct relationship affecting in the short term between Gross Domestic Product and supply Money, and the existence of an adverse effect in the long run between economic growth represented in Gross Domestic Product and money supply.