Obaid [12] testes the causality rel

Obaid [12] testes the causality relationship
between money supply (M3) and real GDP in Egypt during the period (1970-2006), by using Granger test.
He concludes that there is no causality between the
nominal money supply and nominal GDP during the
study period, while when he used the real money supply
and real GDP, he found that there is mutual causality
relationship between real money supply and real GDP
in Egypt (non-neutral money), and thus the monetary
policy is an effective policy on the real GDP in Egypt,
the mutual causality relationship could help to forecast
the GDP behavior within assumed volume of money
supply by the economics policy making in Egypt. And
finally,

Hasil (Bahasa Indonesia) 1:

Obaid [12] testis kausalitas hubunganantara pasokan uang (M3) dan real PDB di Mesir selama periode (1970-2006), dengan menggunakan tes Granger.Dia menyimpulkan bahwa ada tidak ada kausalitas antaranominal uang beredar dan PDB nominal selamabelajar, sambil ketika ia digunakan pasokan uang nyatadan PDB nyata, ia menemukan bahwa ada kausalitas salinghubungan antara nyata uang beredar dan PDB nyatadi Mesir (bebas-netral uang), dan dengan demikian moneterkebijakan adalah kebijakan yang efektif pada PDB nyata di Mesir,hubungan saling kausalitas bisa membantu untuk ramalanperilaku PDB dalam volume diasumsikan uangpasokan oleh kebijakan ekonomi membuat di Mesir. DanAkhirnya,