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Supply Side Policies Flashcards | StudBud
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Supply Side Policies
Supply Side Policies
14 terms
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StudBud Administration
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#economics#supply#side#policies#workhard#youcandothis
Flashcards
14 cards
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Practice quiz
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Questions
14
Answers
1
How can the government help the Public sector with supply side policies?
buy stocks
increasing competition
investing in food
go on a holiday
2
How many on-screen deaths from the first five seasons in game of thrones are there?
4,320
704
4,321
666
3
What is the capital of Burkina Faso?
Ouagadougou
Oagadogou
Ouagadogou
Oagadougou
4
Tears caused by sadness, happiness and onions look the same under the microscope.
True
False
5
How do you increase labour productivity?
decrease government spending
restoring incentives
strengthen trade unions
discourage immigration
6
Private sector investment can be encouraged if the economy is unstable
True
False
7
Give example of product markets
Privatisation
All of the above
Helping small firms
Deregulation
8
What are supply side policies?
used to adjust interest rate
help economic growth
used to increase aggregate supply
used to decrease aggregate supply
9
Which of the following is a supply side measure?
Lower interest rates
Government investment in education
Cuts in government expenditure
Higher interest rates
10
Supply side measures operate over a longer time period than demand side policies
False
True
11
What are the aims of supply side policies?
increase investment
promote regulations
promote competition through privatisation
improve labour flexibility
12
What does increasing labour productivity include?
Improve Flexibility
Increase the workforce
Improving labour quality
Restoring incentives
13
Aggregate supply will increase if labour productivity is higher
True
False
14
There’s volcano in Indonesia that spews blue lava.
True
False
