The Dissertation Title Appears in Title Case and is CenteredComme.docx

The Dissertation Title Appears in Title Case and is Centered
Comment by GCU: American Psychological Association
(APA) Style is most commonly used to cite sources within the
social sciences. This resource, revised according to the 6th
edition, second printing of the Publication Manual of the
American Psychological Association, offers examples for the
general format of APA research papers, in-text citations,
footnotes, and the reference page. For specifics, consult the
Publication Manual of the American Psychological Association,
6th edition, second printing. For additional information on APA
Style, consult the APA website:
http://apastyle.org/learn/index.aspx
NOTE: All notes and comments are keyed to the Publication
Manual of the American Psychological Association, 6th edition,
second printing.
GENERAL FORMAT RULES:
Dissertations must be 12 –point Times New Roman typeface,
double-spaced on quality standard-sized paper (8.5" x 11") with
1-in. margins on the top, bottom, and right side. For binding
purposes, the left margin is 1.5 in. [8.03]. To set this in Word,
go to:
Page Layout >
Page Setup>
Margins >
Custom Margins>
Top: 1” Bottom: 1”
Left: 1.5” Right: 1”
Click “Okay”
Page Layout>

Orientation>
Portrait>
NOTE: All text lines are double-spaced. This includes the title,
headings, formal block quotes, references, footnotes, and figure
captions. Single-spacing is only used within tables and figures
[8.03].
The first line of each paragraph is indented 0.5 in. Use the tab
key which should be set at five to seven spaces [8.03]. If a
white tab appears in the comment box, click on the tab to read
additional information included in the comment box.
Comment by GCU: Formatting note: The effect of the page
being centered with a 1.5" left margin is accomplished by the
use of the first line indent here. However, it would be correct to
not use the first line indent, and set the actual indent for these
title pages at 1.5." Comment by GCU: If the title is longer
than one line, double-space it. As a rule, the title should be
approximately 12 words. Titles should be descriptive and
concise with no abbreviations, jargon, or obscure technical
terms. The title should be typed in uppercase and lowercase
letters [2.01].
Submitted by
Insert Your Full Legal Name (No Titles, Degrees, or Academic
Credentials) Comment by GCU: For example: Jane Elizabeth
Smith
Equal Spacing
~2.0” – 2.5”
A Dissertation Presented in Partial Fulfillment
of the Requirements for the Degree
Doctorate of Education

(or) Doctorate of Philosophy
(or) Doctorate of Business Administration
Equal Spacing~2.0” – 2.5” Comment by GCU: Delete yellow
highlighted “Helps” as your research project develops.
Grand Canyon University
Phoenix, Arizona Comment by GCU: HINT: There are several
“styles” that have been set up in this GCU Template. When you
work on your proposal or dissertation, “save as” this template in
order to preserve and make use of the preset styles. This will
save you hours of work!
[Insert Current Date Until Date of Dean’s Signature]
GCU Proposal Template V8.3 01.18.18
GCU Proposal Template V8.3 01.18.18
© by Your Full Legal Name (No Titles, Degrees, or Academic
Credentials), 2018 Comment by GCU: NOTE: This is an
optional page. If copyright is not desired, delete this page. The
copyright page is included in the final dissertation and not part
of the proposal. Comment by GCU: For example: © by Jane
Elizabeth Smith, 2012
This page is centered. This page is counted, not numbered, and
should not appear in the Table of Contents.
All rights reserved.

GRAND CANYON UNIVERSITY Comment by GCU: The
Signature Page is only included in the final dissertation and not
part of the proposal.
Comment by GCU: If the title is longer than one line,
double-space it. The title should be typed in upper and
lowercase letters.
by
Insert Your Full Legal Name (No Titles, Degrees, or Academic
Credentials) Comment by GCU: For example: Jane Elizabeth
Smith
Approved
[Insert Current Date Until Date of Dean’s Signature]
DISSERTATION COMMITTEE:
Full Legal Name, Ed.D., DBA, or Ph.D., Dissertation Chair
Full Legal Name, Ed.D., DBA, or Ph.D., Committee Member
Full Legal Name, Ed.D., DBA, or Ph.D., Committee Member
ACCEPTED AND SIGNED:
________________________________________
Michael R. Berger, Ed.D.
Dean, College of Doctoral Studies
_________________________________________
Date

GRAND CANYON UNIVERSITY Comment by GCU: This
page is only included in the final dissertation and not part of the
proposal. However, the learner is responsible for ensuring the
proposal and dissertation are original research, that all scholarly
sources are accurately reported, cited, and referenced, and the
study protocol was executed and complies with the IRB
approval granted by GCU.
I verify that my dissertation represents original research, is not
falsified or plagiarized, and that I accurately reported, cited,
and referenced all sources within this manuscript in strict
compliance with APA and Grand Canyon University (GCU)
guidelines. I also verify my dissertation complies with the
approval(s) granted for this research investigation by GCU
Institutional Review Board (IRB).
_____________________________________________
______________________
[Type Doctoral Learner Name Beneath Signature] Date
Comment by GCU: This page requires a “wet signature.”
Remove the brackets and type in the learner’s name. The learner
needs to sign and date this page and insert a copy into the
dissertation manuscript as an image (JPEG) or PDF text box.
This page must be signed and dated prior to final AQR Level 5
review.
Abstract Comment by GCU: On the first line of the page,
center the word “Abstract” (boldface) Style with “TOC
Heading”
Beginning with the next line, write the abstract. Abstract text is

one paragraph with no indentation and is double-spaced. This
page is counted, not numbered, and does not appear in the Table
of Contents.
Abstracts do not include references or citations.
The abstract should be between 150-250 words, most
importantly the abstract must fit on one page.
The abstract is only included in the final dissertation and not
part of the proposal.
The abstract is required for the dissertation manuscript only. It
is not a required page for the proposal. The abstract, typically
read first by other researchers, is intended as an accurate,
nonevaluative, concise summary, or synopsis of the research
study. It is usually the last item completed when writing the
dissertation. The purpose of the abstract is to assist future
researchers in accessing the research material and other vital
information contained in the dissertation. Although few people
typically read the full dissertation after publication, the abstract
will be read by many scholars and researchers. Consequently,
great care must be taken in writing this page of the dissertation.
The content of the abstract covers the purpose of the study,
problem statement, theoretical foundation, research questions
stated in narrative format, sample, location, methodology,
design, data sources, data analysis, results, and a valid
conclusion of the research. The most important finding(s)
should be stated with actual data/numbers (quantitative) or
themes (qualitative) to support the conclusion(s). The abstract
does not appear in the table of contents and has no page
number. The abstract is double-spaced, fully justified with no
indentations or citations, and no longer than one page. Refer to
the APA Publication Manual, 6th Edition, for additional
guidelines for the development of the dissertation abstract.
Make sure to add the keywords at the bottom of the abstract to

assist future researchers. Comment by GCU: Please note this is
crucial and must be included in the abstract at the final
dissertation stage. This is required for dean’s signature.
Keywords: Abstract, assist future researchers, 150 to 250 words,
vital information Comment by GCU: Librarians and
researchers use the abstract to catalogue and locate vital
research material.
Criterion
*(Score = 0, 1, 2, or 3)
Learner Score
Chair Score
Methodologist Score
Content Expert Score
ABSTRACT
(Dissertation Only—Not Required for the Proposal)
The abstract is typically read first by other researchers and is an
accurate, non-evaluative, concise summary or synopsis of the
research study. The abstract provides a succinct summary of the
study and MUST include the purpose of the study, theoretical
foundation, research questions (stated in narrative format),
sample, location, methodology, design, data analysis, and
results, as well as, a valid conclusion of the research. Abstracts
must be double-spaced, fully justified with no indentions. (one
page)
The abstract provides a succinct summary of the study and
MUST include: the purpose of the study, theoretical foundation,
research questions stated in narrative format, sample, location,
methodology, design, data sources, data analysis, results, and a
valid conclusion of the research. Note: The most important
finding(s) should be stated with actual data/numbers
(quantitative) ~or~ themes (qualitative) to support the
conclusion(s).

The abstract is written in APA format, one paragraph fully
justified with no indentations, double-spaced with no citations,
and includes key search words. Keywords are on a new line and
indented.
The abstract is written in a way that is well structured, has a
logical flow, uses correct paragraph structure, uses correct
sentence structure, uses correct punctuation, and uses correct
APA format.
*Score each requirement listed in the criteria table using the
following scale:
0 = Item Not Present or Unacceptable. Substantial Revisions are
Required.
1 = Item is Present. Does Not Meet Expectations. Revisions are
Required.
2 = Item is Acceptable. Meets Expectations. Some Revisions
May be Suggested or Required.
3 = Item Exceeds Expectations. No Revisions are Required.
Reviewer Comments:
Dedication Comment by GCU: The Dedication page is the
first page in the dissertation with a Roman Numeral. In the final
dissertation this is usually page vi, so we have set it as vi.
The dedication is only included in the final dissertation, not the

proposal.
An optional dedication may be included here. While a
dissertation is an objective, scientific document, this is the
place to use the first person and to be subjective. The dedication
page is numbered with a Roman numeral, but the page number
does not appear in the Table of Contents. It is only included in
the final dissertation and is not part of the proposal. If this page
is not to be included, delete the heading, the body text, and the
page break below. Comment by GCU: If you cannot see the
page break, click on the top toolbar in Word (Home). Click on
the paragraph icon. ¶Show/Hide button (go to the Home tab and
then to the Paragraph toolbar).
Acknowledgments Comment by GCU: See formatting note for
Dedication
The Acknowledgements section is included only in the final
dissertation, not the proposal.
An optional acknowledgements page can be included here. This
is another place to use the first person. If applicable,
acknowledge and identify grants and other means of financial
support. Also acknowledge supportive colleagues who rendered
assistance. The acknowledgments page is numbered with a
Roman numeral, but the page number does not appear in the
table of contents. This page provides a formal opportunity to
thank family, friends, and faculty members who have been
helpful and supportive. The acknowledgements page is only
included in the final dissertation and is not part of the proposal.
If this page is not to be included, delete the heading, the body
text, and the page break below. Comment by GCU: If you
cannot see the page break, click on the top toolbar in Word
(Home). Click on the paragraph icon. ¶Show/Hide button (go to
the Home tab and then to the Paragraph toolbar).
Do not use section breaks!

Table of Contents
List of Tables xi
List of Figures xii
Chapter 1: Introduction to the Study 1
Introduction 1
Background of the Study 6
Problem Statement 7
Purpose of the Study 10
Research Questions and/or Hypotheses 11
Advancing Scientific Knowledge and Significance of the Study
14
Rationale for Methodology 16
Nature of the Research Design for the Study 17
Definition of Terms 19
Assumptions, Limitations, Delimitations 21
Assumptions. 22
Limitations and delimitations. 22
Summary and Organization of the Remainder of the Study 24
Chapter 2: Literature Review 26
Introduction to the Chapter and Background to the Problem 26
Identification of the Gap 28
Theoretical Foundations and/or Conceptual Framework 30
Review of the Literature 32
Methodology and instrumentation/data sources/research
materials 36
Summary 39
Chapter 3: Methodology 42
Introduction 42
Statement of the Problem 43
Research Questions and/or Hypotheses 44
Research Methodology 45
Research Design 47
Population and Sample Selection 48
Quantitative sample size 48
Qualitative sample size 50

Research Materials, Instrumentation OR Sources of Data54
Trustworthiness (for Qualitative Studies) 58
Credibility. 59
Transferability 59
Dependability. 60
Confirmability.61
Validity (for Quantitative Studies) 63
Reliability (for Quantitative Studies) 65
Data Collection and Management 66
Data Analysis Procedures 68
Ethical Considerations 72
Limitations and Delimitations 75
Summary 76
References 78
Appendix A. Site Authorization Letter(s) 83
Appendix B. IRB Approval Letter 84
Appendix C. Informed Consent 85
Appendix D. Copy of Instruments and Permissions Letters to
Use the Instruments 86
Appendix E. Power Analyses for Sample Size Calculation
(Quantitative Only) 87
Appendix F. Additional Appendices 88
List of Tables Comment by GCU: This List of Tables has been
set up to update automatically (when you click to do so). The
List of Figures “reads” the style “Table Title,” which should be
used in the text for the table title and subtitle of each table.
Check “Help” in Word on how to update the TOC.
The List of Tables follows the Table of Contents.
The List of Tables is included in the Table of Contents and
shows a Roman numeral page number at the top right. The page
number is right justified with a 1 in. margin on each page. Dot
leaders must be used. The title is bolded.

On the List of Tables, each table title and subtitle will appear
on the same line are are single spaced if more than one line, and
double-spaced between entries. See 5.01-5.19 for details and
specifics on Tables and Data Display. The preferences for the
Table of Figures (style for the List of Tables) have been set up
in this template.
The automatic List of Tables (set up here) uses the style “Table
of Figures, which has been formatted to achieve correct single
space/double space formatting.
All tables are numbered with Arabic numerals in the order in
which they are first mentioned. [5.05]
Table 1. Correct Formatting for a Multiple Line Table Title is
Single Spacing and
Should Look Like this Example 36
Table 2. Equality of Emotional Intelligence Mean Scores by
Gender 66
Note: Single space multiple-line table titles; double space
between entries per example above. The List of Tables and List
of Figures (styled as Table of Figures) have been formatted as
such in this template. Update the List of Tables in the following
manner: [Right click Update Field Update Entire Table], and
the table title and subtitle will show up with the in-text
formatting. After you update your List of Tables, you will need
to manually remove the italics from each of your table titles per
the example above.
List of Figures Comment by GCU: This is an example of a List
of Figures “boiler plate.” Freely edit and adapt this to fit the
particular dissertation. In Word, “overtype” edits and
adaptations.
The List of Figures follows the List of Tables. The title “List of
Figures” is styled as Heading 1.

The List of Figures is included in the Table of Contents (which
will show up automatically since it is styled as Heading 1). and
shows a Roman numeral page number at the top right.
The list of figures has been set up with the style “Table of
Figures,” for which all preferences have been set in this
template (hanging indent tab stop 5.99” right justified with dot
leader).
Figures, in the text of the manuscript, include graphs, charts,
maps, drawings, cartoons, and photographs [5.21]. In the List of
Figures, single-space figure titles and double-space between
entries. This has been set up in the “Table of Figures” style in
this template. See 5.20-5.30 for details and specifics on Figures
and Data Display.
All figures are numbered with Arabic numerals in the order in
which they are first mentioned. [5.05] The figure title included
in the Table of Contents should match the title found in the text.
Note: Captions are written in sentence case unless there is a
proper noun, which is capitalized.
Figure 1. Correlation for SAT composite score and time spent
on Facebook. 69
Figure 2. IRB alert. 73
Note: single-space multiple line figure titles; double-space
between entries per example in List of Tables on previous page.
Use sentence case for figure titles. After you update your List
of Figures, you will need to manually remove the italics per the
example above.
87
Chapter 1: Introduction to the Study Comment by GCU:
This heading is styled according to APA Level 1 heading (style:

“Heading 1”) [3.03]. Do not modify or delete as it will impact
your automated table of contents
Introduction Comment by GCU: This heading is styled
according to APA Level 2 heading (style: “Heading 2”) [3.03].
Do not modify or delete as it will impact your automated table
of contents
Monetary policies promote price stability and economic growth
in Nigeria. Ajayi and Aluko (2017) stated monetary policy is
primarily concerned with the management of interest rates and
the regulation of money supply in the economy. Imoisi (2019)
claimed most nations use interest rates to achieve price
stability, and Nigeria’s goal is to achieve sustainable economic
growth. Okwori and Abu (2017) added economic growth causes
variations in interest rates. Ayodeji and Oluwole (2018)
revealed interest rates had a positive but slightly insignificant
effect on economic growth in Nigeria. Furthermore, Ufoeze,
Odimgbe, Ezeabalisi and Alajekwu’s (2018) research clearly
showed interest rates effects 98% of the variations in economic
growth in Nigeria. Interest rates have shown to significantly
effect Nigeria’s economy; however, other monetary policies
may be a predictor of Nigeria’s economic growth.
There is a gap in the literature relative to other monetary
policies that may be a predictor of Nigeria’s growth. The aim of
this study is to examine to what extent monetary policy rate,
cash reserve ratio, liquidity ratio, and money supply predict
consumer price index. Imoisi (2018) claimed there is an existing
gap in the literature relative to the effectiveness of monetary
policies. Inam and Ime (2017) recommended further research to
understand if the predicative relationship between the actual
level of money supply and price stability. Lawal, Somoye,
Babajide, and Nwanji, (2018) further specified a detailed study
should be conducted showing the variations and interactions
between monetary and fiscal policies and how they predict price
stability in Nigeria. This study seeks to examine if and to what
extent economic indicators other than interest rates, specifically
monetary policy rate, cash reserve ratio, liquidity ratio, and

money supply, predict consumer price index in Nigeria.
Criterion
*(Score = 0, 1, 2, or 3)
Learner Score
Chair Score
Methodologist Score
Introduction
This section provides a brief overview of the research focus or
problem, explains why this study is worth conducting, and
discusses how this study will be completed. (Minimum three to
four paragraphs or approximately one page)
Dissertation topic is introduced and value of conducting the
study is discussed.
Note:The College of Doctoral Studies recognizes the diversity
of learners in our programs and the varied interests in research
topics for their dissertations in the Social Sciences.
Dissertation topics must, at a minimum, be aligned to General
Psychology in the Ph.D. program, Leadership in the Ed.D.
Organizational Leadership program, Adult Instruction in the
Ed.D. Teaching and Learning program, Management in the DBA
program, and Counseling Practice, Counselor Education,
Clinical Supervision or Advocacy/Leadership within the
Counseling field in the Counselor Education Ph.D. program.
If there are questions regarding appropriate alignment of a
dissertation topic to the program, the respective program chair
will be the final authority for approval decisions.
Specifically, although the College prefers a learner’s topic align
with the program emphasis, this alignment is not “required.”
The College will remain flexible on the learner’s dissertation
topic if it aligns with the degree program in which the learner is
enrolled. The Ph.D. program in General Psychology does not
support clinically based research.

Discussion provides an overview of what is contained in the
chapter.
Section is written in a way that is well structured, has a logical
flow, uses correct paragraph structure, uses correct sentence
structure, uses correct punctuation, and uses correct APA
format.
following scale:
Required.
Required.
Reviewer Comments:
Background of the Study Comment by GCU: This heading uses
the style “Heading 2” [3.03].
Price instability is a problem for developing countries. Manu
(2018) stated price instability is the main problem for Africa
and Nigeria during the past thirty years. Studies conducted by
Gertler and Gilchrist (1991), Batini (2004), Folawewo and
Osinubi (2006), Onyemu (2012), and Fasanya et al. (2013)
noted irrespective of efforts aimed at achieving
macroeconomics objectives by means of monetary policy, there
has been an unacceptable rate of inflation, especially in less

developed economies. Nigeria is not an exception to this rule.
Nigeria is an oil rich nation plagued with price instability.
Ayodeji and Oluwole (2018) stated monetary policy is the tool
used in achieving monetary and price stability. Itodo, Akadiri
and Ekundayo (2017) stated price instability tops the list of
economic challenges negatively affecting the Nigerian economic
environment. Imoisi (2019) added price instability causes the
problem of unmanageable economic growth and development in
Nigeria. Ayodeji and Oluwole (2018) stated that the Nigerian
economy has also witnessed periods of growth and shrinkage
with an unmanageable growth pattern. Imoisi (2018) stated
monetary policy if targeted directly towards inflation stimulates
growth directly. Nevertheless, the issue of whether monetary
policy effectively curtails price instability is still unsolved.
consumer price index. Imoisi (2018) analyzed how monetary
policies promoted economic growth in Nigeria from 1980-2017.
The result showed approximately 62% of gross domestic
product (GDP) is explained by variables monetary policy rate,
cash reserve ratio, liquidity ratio, and money supply. Imoisi
concluded monetary policies did not have a significant impact
on Nigeria’s economic growth in the short run but significantly
affected the country’s growth in the long run. Imoisi (2018)
claimed there is an existing gap in the literature relative to the
effectiveness of monetary policies. Ubi-Abai and Ekere (2018)
analyzed the effects of fiscal and monetary policies on
economic growth in a panel of 47 sub-Saharan African
economies from 1996 to 2016. The findings showed that fiscal
and monetary policies affected economic growth positively in
the sub-region. Ubi-Abail and Ekere stated it is not clear how
other monetary policies strategies effectively curtails price
instability in the sub-Saharan region and therefore
recommended future research examine this problem. Lawal,

Somoye, Babajide, and Nwanji, (2018) examined the impact of
the interactions between fiscal and monetary policies on stock
market behavior (ASI) and the impact of the volatility of these
interactions on the Nigerian stock market. The study analyzed
monthly data using the ARDL and EGARCH models. The results
show the interaction between monetary and fiscal policies
influence on stock market returns in Nigeria. The ARDL results
show evidence of long run relationship between stock market
behavior (ASI) and Monetary-fiscal policies. The results from
the volatility estimates showed the stock market behavior (ASI)
volatility is largely sensitive to volatility in the interactions
between the two policy instruments. Future research was
recommended to examine the relationship between monetary
policies and price variations in the Nigerian economy. This
study seeks to examine if and to what extent economic
indicators other than interest rates, specifically monetary policy
rate, cash reserve ratio, liquidity ratio, and money supply,
predict consumer price index in Nigeria. Comment by Roselyn
Polk: both are really good because it ssupports smaller sample
size.
Criterion
*(Score = 0, 1, 2, or 3)
Learner Score
Chair Score
Methodologist Score
Background of the Study
Minimum two to three paragraphs or approximately one page
The background section of Chapter 1 provides a brief history of
the problem.
Provides a summary of results from the prior empirical research
on the topic.
Using results, societal needs, recommendations for further

study, or needs identified in three to five research studies
(primarily from the last three years), the learner identifies the
stated need, called a gap.
Builds a justification for the current study, using a logical set of
arguments supported by citations.
The problem is discussed as applicable beyond the local setting
and contributes to societal and/or professional needs.
format.
following scale:
Required.
Required.
Reviewer Comments:
Problem Statement Comment by GCU: Levels of headings must
accurately reflect the organization of the paper [3.02–3.03].
For example, this is a level 2 heading, and has been “styled” as
Heading 2.
It is not known if and to what extent economic indicators other
than interest rates, specifically monetary policy rate, cash

reserve ratio, liquidity ratio, and money supply predict
consumer price index in Nigeria. The population affected is the
Nigerian economy. The unit of analysis is annual time series
data measuring the Nigerian economy. This study would
contribute to existing knowledge on monetary policies and how
these policies predicts price stability in Nigeria. Ayodeji and
Oluwole (2018) stated the Nigerian economy has experienced
economic expansions and depressions with an inconsistent
growth. Nigeria suffers from poor monetary policies that
continuously keeps Nigerian citizenry underprivileged. This
study will be of great importance to scholars, policy makers,
economists, governmental agencies seeking to understand and
examine economic policies in developing countries that
experience inconsistent growth due to economic expansions and
depressions.
Criterion
*(Score = 0, 1, 2, or 3)
Learner Score
Chair Score
Methodologist Score
Problem Statement
Minimum three or four paragraphs or approximately one page
States the specific problem proposed for research with a clear
declarative statement.
Discusses the problem statement in relation to the gap or need
in the world, considering such issues as: real issues affecting
society, students, or organizations; the frequency that the
problem occurs; the extent of human suffering the problem
produces, the perceived lack of attention in the past; the
discussion of the problem in the literature and research about
what …

14
Dissertation Prospectus
The impact Impact of Monetary Policies on Price Stability in
Nigeria 1963-2015.
Submitted by
Michael K Saale
05/31/2019
Dr. Derrick Tennial
7/3/19: RKP: Hi Michael. Very good work on the revisions. I
have determined you understand the research process and have
sufficient knowledge base and alignment to move forward to the
proposal. Make sure any comments provided here are also
addressed in the proposal. Basically, there is still a continued
need to understand the analysis but that isn’t something learned
overnight. Too, the analysis doesn’t appear to match how the
RQs are framed. So continue to work on these. Nice discussion
on study’s and their years ranges as that works toward
justification of your study number of years. Overall, you have
made significant progress. Congratulations on reaching this
important milestone.
6/5/19: RKP: Hi Michael. Nice to meet you. Interesting study. It
appears I will learn a lot about economic indicators during our
journey together. While a very nice start, there is need to
clarify, define and expand some sections. My reaching out for
some clarity on sample size since you have a finite sample lead
to a minor revision of the problem statement (apply to purpose
and RQs as needed) and questions about the unit of observation.

Give you only have 52 years and 4 variables (normal sample
size would be +114), how are you going to address this when it
comes to test assumptions? Will you have enough data to get a
decent effect size and possible significance? what are the
implications of a small sample size in QT regression analysis?
Those are all concerns you must not only take into account but
must be prepared to defend.
· questions that arose when reached out to other methodologists
for clarity: For example, is the analysis about YEARS? Are
YEARS the unit of observation? For example, take the variable
LIQUIDITY RATIO. Are the raw data the value for this
variable for each of the years in the study? If so, then n = 52,
the number of data years, right?
Writing: there appears to be good sentence and paragraph
structure. As you continue and especially when moving to the
prospectus ensure you have synthesis evident, remembering
synthesis is more than just multiple authors in the same
paragraph. Also begin to introduce some critical thought.
Formatting of looks good but some errors in formatting appear
in references.
Throughout the document you will see comments, questions and
resources. Please review carefully. Also provided below is an
alignment document so you can see the alignment (or lack
thereof) visually. Also ensure you follow the required revision
protocol listed below. Reach out to me via course email or
schedule a zoom if you have questions or need comment
clarification.
Scores on the rubric saying the section meets expectations does
not mean the section is complete and all elements of the section
are addressed. There may be need for further revision based on
comments. Ensure you review comments for missing criteria
and for improving the narrative to meet the criteria.
Alignment Checklist:
Gap: There is a gap in the literature relative to other monetary

consumer price index. Imoisi, (2018) claimed there is an
existing gap in the literature relative to the effectiveness of
monetary policies. Inam and Ime (2017) recommended further
research to understand if the predicative relationship between
the actual level of money supply and price stability. Lawal,
Somoye, Babajide, and Nwanji, (2018) further specified a
detailed study should be conducted showing the variations and
interactions between monetary and fiscal policies and how they
predict price stability in Nigeria.
Theory/conceptual framework: monetary theory of inflation
Problem Statement: It is not known if and to what extent
economic indicators other than interest rates, specifically
money supply, predict consumer price index in Nigeria
Purpose Statement: The purpose of this quantitative
correlational study is to examine if and to what extent economic
indicators other than interest rates, specificlaly monetary policy
predict consumer price index in Nigeria from 1963 to 2015
RQs:
RQ1: To what extent does monetary policy rate (MPR) predicts
consumer price index (CPI) in Nigeria.
RQ 2: To what extent does cash reserve ratio (CRR) predict
consumer price index (CPI) in Nigeria?
RQ 3: To what extent does liquidity ratio (LQR) predict
RQ 4: To what extent does money supply (MS) predict
Methodology/design: QT correlational
Instruments/data sources: Knoema Integrated Global Data
Analysis plan: linear regression
Revision Protocol:
Please use the following when revising your document. Doing

so will help reduce the amount of time for review and keep
moving you forward more quickly.
1. Please use track changes to address revisions but please i
delete formatting and extraneous tracking (bubbles due to you
highlighting, deleting, adding, etc.) so document is less messy.
DO NOT remove any of my comments-- bubble or in criterion
tables.
2. Comment directly in my bubbles when you have addressed
a comment, or you have a question, but do not add a new
bubble.
The Prospectus Overview and Instructions
The prospectus is brief document that serves as a road map for
the dissertation. It provides the essential framework to guide the
development of the dissertation proposal. The prospectus builds
on the 10 Strategic Points (shown in Appendix A) and should be
no longer than 6-10 pages, excluding the criteria tables and the
appendices. The prospectus will be expanded to become the
dissertation proposal (Chapters 1, 2 and 3 of the dissertation),
which will, in turn, be expanded to become the complete
dissertation (Chapters 1-5). In short, the prospectus is a plan for
the proposal. Prior to developing the prospectus, the 10
Strategic points should be reviewed with the chair and
committee to ensure the points are aligned and form a clear,
defined, and doable study. The10 Strategic Points should be
included in Appendix A of this prospectus document.
It is important to ensure the prospectus is well written from the
very first draft. The most important consideration when writing
the prospectus is using the required criteria specified in the
criterion table below each section and writing specifically to
each criterion! Also critical is for learners to follow standard
paragraph structure: (1) contains a topic sentence defining the
focus of the paragraph, (2) discusses only that single topic, (3)
contains three to five sentences, and (4) includes a transition
sentence to the next paragraph or section. The sentences should

also be structurally correct, short, and focused. Throughout the
dissertation process, learners are expected to always produce a
well-written document as committee members and peer
reviewers will not edit writing. If prospectus it is not well
written, reviewers may reject the document and require the
learner to address writing issues before they will review it
again. Remove this page and the sample criterion table below
upon submission for review.
Prospectus Instructions:
1. Read the entire Prospectus Template to understand the
requirements for writing your prospectus. Each section contains
a narrative overview of what should be included in the section
and a table with required criteria for each section. WRITE TO
THE CRITERIA, as they will be used to assess the prospectus
for overall quality and feasibility of your proposed research
study.
2. As you draft each section, delete the narrative instructions
and insert your work related to that section. Use the criterion
table for each section to ensure that you address the
requirements for that particular section. Do not delete/remove
the criterion table as this is used by you and your committee to
evaluate your prospectus.
3. Prior to submitting your prospectus for review by your chair
or methodologist, use the criteria table for each section to
complete a realistic self-evaluation, inserting what you believe
is your score for each listed criterion into the Learner Self-
Evaluation column. This is an exercise in self-evaluation and
critical reflection, and to ensure that you completed all sections,
addressing all required criteria for that section.
4. The scoring for the criteria ranges from a 0-3 as defined
below. Complete a realistic and thoughtful evaluation of your
work. Your chair and methodologist will also use the criterion
tables to evaluate your work.
5. Your Prospectus should be no longer than 6-10 pages when

the tables are deleted.
Score
Assessment
0
Item Not Present
1
Item is Present. Does Not Meet Expectations. Revisions are
Required: Not all components are present. Large gaps are
present in the components that leave the reader with significant
questions. All items scored at 1 must be addressed by learner
per reviewer comments.
2
Item is Acceptable. Meets Expectations.Some Revisions May Be
Required Now or in the Future. Component is present and
adequate. Small gaps are present that leave the reader with
questions. Any item scored at 2 must be addressed by the
learner per the reviewer comments.
3
Item Exceeds Expectations. No Revisions Required. Component
is addressed clearly and comprehensively. No gaps are present
that leave the reader with questions. No changes required.
Dissertation Prospectus
Introduction
Monetary policies promote price stability and economic growth
in Nigeria. Ajayi and Aluko (2017) stated monetary policy is
primarily concerned with the management of interest rates and
the regulation of money supply in the economy. Imoisi (2019)
claimed most nations use interest rates to achieve price
stability, and Nigeria’s goal is to achieve sustainable economic
growth. Okwori and Abu (2017) added economic growth causes
variations in interest rates. Ayodeji and Oluwole (2018)
revealed interest rates had a positive but slightly insignificant
effect on economic growth in Nigeria. Furthermore, Ufoeze,

Odimgbe, Ezeabalisi and Alajekwu’s (2018) research clearly
showed interest rates effects 98% of the variations in economic
growth in Nigeria. Interest rates have shown to significantly
effect Nigeria’s economy; however, other monetary policies
may be a predictor of Nigeria’s economic growth.
consumer price index. Imoisi (2018) claimed there is an existing
gap in the literature relative to the effectiveness of monetary
policies. Inam and Ime (2017) recommended further research to
understand if the predicative relationship between the actual
level of money supply and price stability. Lawal, Somoye,
Babajide, and Nwanji, (2018) further specified a detailed study
should be conducted showing the variations and interactions
between monetary and fiscal policies and how they predict price
stability in Nigeria. This study seeks to examine if and to what
extent economic indicators other than interest rates, specifically
money supply, predict consumer price index in Nigeria.
Criteria
Learner Self-Evaluation Score
(0-3)
Chair Evaluation Score
(0-3)
Reviewer Score
(0-3)
Introduction
This section briefly overviews the research focus or problem,
why this study is worth conducting, and how this study will be
completed.
The recommended length for this section is two to three
paragraphs.
1. Dissertation topic is introduced along with why the study is
needed.

2
2
2
2. Provides a summary of results from the prior empirical
research on the topic.
2
2
2
3. Using results, societal needs, recommendations for further
study, or needs identified in three to five research studies
(primarily from the last three years), the learner identifies the
stated need, called a gap.
2
2
2
4. Section is written in a way that is well structured, has a
APA format.
2
2
2
NOTE: This Introduction section elaborates on the Topic from
the 10 Strategic Points. This Introduction section provides the
foundation for the Introduction section in Chapter 1 of the
Proposal.
Reviewer Comments:
Background of the Problem
Price instability is a problem for developing countries. Manu
(2018) stated price instability is the main problem for Africa
and Nigeria during the past thirty years. Studies conducted by
Gertler and Gilchrist (1991), Batini (2004), Folawewo and
Osinubi (2006), Onyemu (2012), and Fasanya et al. (2013)

noted irrespective of efforts aimed at achieving
macroeconomics objectives by means of monetary policy, there
has been an unacceptable rate of inflation, especially in less
developed economies. Nigeria is not an exception to this rule.
Nigeria is an oil rich nation plagued with price instability.
Ayodeji and Oluwole (2018) stated monetary policy is the tool
used in achieving monetary and price stability. Itodo, Akadiri
and Ekundayo (2017) stated price instability tops the list of
economic challenges negatively affecting the Nigerian economic
environment. Imoisi (2019) added price instability causes the
problem of unmanageable economic growth and development in
Nigeria. Ayodeji and Oluwole (2018) stated that the Nigerian
economy has also witnessed periods of growth and shrinkage
with an unmanageable growth pattern. Imoisi (2018) stated
monetary policy if targeted directly towards inflation stimulates
growth directly. Nevertheless, the issue of whether monetary
policy effectively curtails price instability is still unsolved.
consumer price index. Imoisi (2018) analyzed how monetary
policies promoted economic growth in Nigeria from 1980-2017.
The result showed approximately 62% of gross domestic
product (GDP) is explained by variables monetary policy rate,
cash reserve ratio, liquidity ratio, and money supply. Imoisi
concluded monetary policies did not have a significant impact
on Nigeria’s economic growth in the short run but significantly
affected the country’s growth in the long run. Imoisi (2018)
claimed there is an existing gap in the literature relative to the
effectiveness of monetary policies. Ubi-Abai and Ekere (2018)
analyzed the effects of fiscal and monetary policies on
economic growth in a panel of 47 sub-Saharan African
economies from 1996 to 2016. The findings showed that fiscal
and monetary policies affected economic growth positively in
the sub-region. Ubi-Abail and Ekere stated it is not clear how

other monetary policies strategies effectively curtails price
instability in the sub-Saharan region and therefore
recommended future research examine this problem. Lawal,
Somoye, Babajide, and Nwanji, (2018) examined the impact of
the interactions between fiscal and monetary policies on stock
market behavior (ASI) and the impact of the volatility of these
interactions on the Nigerian stock market. The study analyzed
monthly data using the ARDL and EGARCH models. The results
show the interaction between monetary and fiscal policies
influence on stock market returns in Nigeria. The ARDL results
show evidence of long run relationship between stock market
behavior (ASI) and Monetary-fiscal policies. The results from
the volatility estimates showed the stock market behavior (ASI)
volatility is largely sensitive to volatility in the interactions
between the two policy instruments. Future research was
recommended to examine the relationship between monetary
policies and price variations in the Nigerian economy. This
study seeks to examine if and to what extent economic
indicators other than interest rates, specifically monetary policy
predict consumer price index in Nigeria. Comment by Roselyn
Polk: both are really good because it ssupports smaller sample
size.
Criteria
(0-3)
Chair or Score
(0-3)
Reviewer Score
(0-3)
Background of the Problem
This section uses the literature to provide the reader with a
definition and statement of the research gap and problem the
study will address. This section further presents a brief
historical perspective of when the problem started and how it

has evolved over time.
The recommended length for this section is two-three
paragraphs.
1. Includes a brief discussion demonstrating how literature has
established the gap and a clear statement informing the reader
of the gap.
2
2
2
2. Discusses how the “need” or “defined gap” has evolved
historically into the current problem or opportunity to be
addressed by the proposed study (citing seminal and/or current
research).
2
2
2
3. ALIGNMENT: The problem statement for the dissertation
will be developed from and justified by the “need” or “defined
gap” that is described in this section and supported by the
empirical research literature published within the past 3-5 years.
2
2
2
APA format.
2
2
2
NOTE: This Background of the Problem section uses
information from the Literature Review in the 10 Strategic
Points. This Background of the Problem section becomes the
Background of the Study in Note, this section develops the
foundation for Chapter 1 in the Proposal. It is then expanded to

develop the comprehensive Background to the Problem section
and Identification of the GAP sections in Chapter 2 (Literature
Review) in the Proposal.
Reviewer Comments:
Theoretical Foundations and Review of the Literature/Themes
The theoretical foundation for this research is on monetary
theory of inflation. This theory states change in money supply is
the major reason for changes in economic activities. When
monetary theory is put into practice, central banks, which
control monetary policy, can exercise a great deal of power over
economic growth rates. Monetarism refers to the followers of
M. Friedman who hold that “Only money matters” and as such,
monetary policy is a more potent instrument instruments than
fiscal policy in economic stabilization. Monetary theory states
that According to Friedman (1963), money supply is the key
factor affecting the wellbeing of the economy. According to
Ahuja (2011), monetarists argue that money has significant
effect on price level or inflation in the economy in the long run
and have real effects on output and employment in the short
run. According to Khabo, (2002), monetarists believe “money
matters” and therefore there is a direct link between monetary
sector and the real sector of the economy. Friedman (1963)
equally argued that changes in money supply will therefore have
both direct and indirect effect on spending and investment
respectively since money supply is substitutive not just for
bonds but also for many goods and services.
Review of the literature/themes.
Price stability. Imoisi (2018) mentioned Central banks must
focus on price stability as the primary objective of monetary
policy.
Monetary policy rate. Nwamuo (2018) stated monetary policy
rates moderate consumer prices, credit expansion,
exchange rates and other variables.

Liquidity Ratio. Itodo, Akadiri and Ekundayo (2017)
emphasized the importance of closely monitoring liquidity
because liquidity ratio significantly impacts the economy.
Cash Reserve Ratio. Udeh (2015) stated cash ratio is effective
for curtailing excess liquidity in the economy and can be easily
monitored daily since they are held by Central Bank of Nigeria.
Money Supply. Ibrahim (2019) mentioned targeting money
supply growth is considered an appropriate method of targeting
inflation in the Nigerian economy.
Criteria
(0-3)
Chair or Score
(0-3)
Reviewer Score
(0-3)
Theoretical Foundations and/or Conceptual Framework
This section identifies the theory(s) or model(s) that provide the
foundation for the research. This section should present the
theory(s) or models(s) and explain how the problem under
investigation relates to the theory or model. The theory(s) or
models(s) guide the research questions and justify what is being
measured (variables) as well as how those variables are related
(quantitative) or the phenomena being investigated (qualitative).
Review of the Literature/Themes
This section provides a broad, balanced overview of the existing
literature related to the proposed
research topic. It describes the literature in related topic areas
and its relevance to the proposed research topic findings,
providing a short 3-4 sentence description of each theme and
identifies its relevance to the research problem supporting it
with at least two citations from the empirical literature from the
past 3-5 years.

The recommended length for this section is 1 paragraph for
Theoretical Foundations and a bulleted list for Literature
Themes section.
1. Theoretical Foundationssection identifies the theory(s),
model(s) relevant to the variables (quantitative study) or
phenomenon (qualitative study). This section should explain
how the study topic or problem coming out of the “need” or
“defined gap” in the as described in the Background to the
Problem section relates to the theory(s) or model(s) presented in
this section. (One paragraph)
2
2
2
2. Review of the Literature Themes section: This section is a
bulleted list of the major themes or topics related to the
research topic. Each theme or topic should have a one-two
sentence summary.
2
2
2
3. ALIGNMENT: The Theoretical Foundations models and
theories need to be related to and support the problem statement
or study topic. The sections in the Review of the Literature are
topical areas needed to understand the various aspects of the
phenomenon (qualitative) or variables/groups (quantitative)
being studied; to select the design needed to address the
Problem Statement; to select surveys or instruments to collect
information on variables/groups; to define the population and
sample for the study; to describe components or factors that
comprise the phenomenon; to describe key topics related to the
study topic, etc.
2
2
2

APA format.
2
2
2
NOTE: The two parts of this section use information about the
Literature Review and Theoretical Foundations/Conceptual
Framework from the 10 Strategic Points.
This Theoretical Foundations section is expanded upon to
become the Theoretical Foundations section in Chapter 2
(Literature Review). The Theoretical Foundations and the
Literature Review sections are also used to help create the
Advancing Scientific Knowledge/Review of the Literature
section in Chapter 2 (Literature Review).
Reviewer Comments:
Problem Statement
It is not known if and to what extent economic indicators other
than interest rates, specifically monetary policy rate, cash
reserve ratio, liquidity ratio, and money supply predict
consumer price index in Nigeria. The population affected is the
Nigerian economy. The unit of analysis is annual time series
data measuring the Nigerian economy. This study would
contribute to existing knowledge on monetary policies and how
these policies predicts price stability in Nigeria. Ayodeji and
Oluwole (2018) stated the Nigerian economy has experienced
economic expansions and depressions with an inconsistent
growth. Nigeria suffers from poor monetary policies that
continuously keeps Nigerian citizenry underprivileged. This
study will be of great importance to scholars, policy makers,
economists, governmental agencies seeking to understand and
examine economic policies in developing countries that
experience inconsistent growth due to economic expansions and
depressions.
Criteria

(0-3)
Chair or Score
(0-3)
Reviewer Score
(0-3)
Problem Statement
This section includes the problem statement, the population
affected, and how the study will contribute to solving the
problem.
The recommended length for this section is one paragraph.
1. States the specific problem proposed for research with a clear
declarative statement.
2
2
2
Describes the population of interest affected by the problem.
The general population refers to all individuals that could be
affected by the study problem.
2
2
2
Describes the unit of analysis.
For qualitative studies this describes how the phenomenon will
be studied. This can be individuals, group, or organization
under study.
For quantitative studies, the unit of analysis needs to be defined
in terms of the variable structure (conceptual, operational, and
measurement).
2
2
2
Discusses the importance, scope, or opportunity for the problem
and the importance of addressing the problem.
2
2

12
The problem statement is developed based on the need or gap
defined in the Background to the Study section.
2
2
2
format.
2
2
2
NOTE: This section elaborates on the Problem Statement from
the 10 Strategic Points. This section becomes the foundation for
the Problem Statement section in Chapter 1 and other Chapters
where appropriate in the Proposal.
Reviewer Comments:
Purpose of the Study
The purpose of this quantitative correlational study is to
examine if and to what extent economic indicators other than
interest rates, specifically monetary policy rate, cash reserve
ratio, liquidity ratio, and money supply predict consumer price
index in Nigeria from 1963 to 2015. The predictor variables are
monetary policy rate, cash reserve ratio, liquidity ratio and
money supply. The criterion variable is consumer price index.
Criteria
(0-3)
Chair or Score
(0-3)
Reviewer Score
(0-3)
PURPOSE OF THE STUDY
This section reflects what the study is about, connecting the

problem statement, methodology & research design, target
population, variables/phenomena, and geographic location.
The recommended length for this section is one paragraph.
1. Begins with one sentence that identifies the research
methodology and design, target population, variables
(quantitative) or phenomena (qualitative) to be studied and
geographic location.
2
2
2
Quantitative Studies: Defines the variables and relationship of
variables.
Qualitative Studies: Describes the nature of the phenomena to
be explored.
2
2
2
format.
2
2
2
NOTE: This section elaborates on information in the Purpose
Statement from the 10 Strategic Points. This section becomes
the foundation for the Purpose of the Study section in Chapter 1
and other Chapters where appropriate in the Proposal.
Reviewer Comments:
Research Questions and/or Hypotheses Comment by Roselyn
Polk: Question: you have 4 RQs and they are set up for simple
tests, not regression. A regression would be one RQ wouldn’t
it? you don’t appear to be interested in the relationship among
the variables, rather the relationship between consumer price

index and each individual variable according to the RQs.two
things: in the proposal make sure you place null and hypothesis
under the related DQ, not separately, and 2) address the
elements below. 1) Present each variable in a list format and
providethe following information for each one:· Variable
measurement: ordinal, categorical, nominal or continuous·
Conceptual definition—cited with literature· Operational
definition—how measured 2) What is the unit of analysis and
unit of observation for the studyThis YouTube variable is very
informative (3.32
minutes)https://www.youtube.com/watch?v=fLhbRUOvrt0&t=28
s
RQ1: To what extent does monetary policy rate (MPR) predicts
consumer price index (CPI) in Nigeria.
RQ 2: To what extent does cash reserve ratio (CRR) predict
RQ 3: To what extent does liquidity ratio (LQR) predict
consumer price index (CPI) in …

The Dissertation Title Appears in Title Case and is CenteredComme.docx

Recommended

Recommended

More Related Content

Similar to The Dissertation Title Appears in Title Case and is CenteredComme.docx

Similar to The Dissertation Title Appears in Title Case and is CenteredComme.docx (13)

More from todd701

More from todd701 (20)

Recently uploaded

Recently uploaded (20)

The Dissertation Title Appears in Title Case and is CenteredComme.docx