Towards the Establishment of Relationship between Macroeconomic Indicators and Cost of Public Educational Buildings in Ghana

Table 2

Macroeconomic variables.

Item	Selected Macroeconomic Indicators	Professional Quantity Surveyors		Estimators		Average
		RII	Rank	RII	Rank	RII	Rank
1	Taxation	0.963	5	0.950	4	0.96	4
2	Interest	0.975	2	0.950	4	0.96	4
3	Consumer Price Index	0.838	10	0.788	10	0.81	10
4	Exchange Rate	0.975	2	0.963	3	0.97	3
5	Gross Domestic Product	0.763	11	0.600	11	0.68	11
6	Unemployment	0.525	13	0.425	13	0.48	13
7	Foreign Direct Investment	0.600	12	0.525	12	0.56	12
8	Loans	0.913	7	0.875	6	0.89	7
9	Grant	0.875	9	0.875	6	0.88	8
10	Inflation	1.000	1	0.975	1	0.99	1
11	Producer Price Index	0.888	8	0.875	6	0.88	8
12	Prime Rate	0.975	2	0.975	1	0.98	2
13	Money Supply	0.950	6	0.850	9	0.90	6

Source: Authors’ Construct, 2018.