Analysis of the Application for Inflation Monetary Variables on the Income of Corn Farmers in Medan Krio Village

Bakhtiar Efendi 1, *, Daud Arifin 2 and Alexander Zebua 3

1 Master of Economics, Postgraduate, Universitas Pembangunan Panca Budi, Medan, Indonesia.
2 Master of Management, Postgraduate, Universitas Pembangunan Panca Budi, Medan, Indonesia.
3 Economics Department, Faculty of Social Science, Universitas Pembangunan Panca Budi, Medan, Indonesia.
 
Research Article
World Journal of Advanced Research and Reviews, 2023, 17(03), 780–786
Article DOI: 10.30574/wjarr.2023.17.3.0479
 
Publication history: 
Received on 15 February 2023; revised on 21 March 2023; accepted on 24 March 2023
 
Abstract: 
The purpose of this study is to analyze crop production, farmer exchange rate and inflation against the income of corn farmers in Medan Krio Village both partially and simultaneously. The specific target in this study is to analyze crop production and the exchange rate of farmers against the income of corn farmers in Medan Krio Village. So that it can show how much the value of the influence of crop production and the exchange rate of farmers on the income of corn farmers in Medan Krio Village. This study uses primary data and secondary data as support for primary data. The data collection technique carried out on primary data is the distribution of questionnaires carried out on 150 samples of respondents. The data analysis used is Multiple Linear Regression and Descriptive Analysis. The results of this study variable crop production variable has a significant effect on the income of corn farmers in Medan Krio Village, the variable exchange rate of farmers has a significant effect on the income of corn farmers in Medan Krio Village and the variable of crop production and exchange rate of farmers simultaneously affects the income of corn farmers in Medan Krio Village. While the results of the descriptive analysis, the inflation variable affects the income of corn farmers in Medan Krio Village. 
 
Keywords: 
Inflation, Exchange Rate of Farmers; Income; Crop Production
 
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