Supplyside policies

Supplyside policies

12th Grade

•

30 Qs

quiz-placeholder

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Supplyside policies

Supplyside policies

Assessment

Quiz

•

Social Studies

•

12th Grade

•

Practice Problem

•

Hard

Created by

Julia Peters

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30 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

1. What is the primary goal of supply-side policies?

Reducing interest rates
Reducing government spending
Enhancing productive capacity
Increasing taxes

2.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

2. Which policy aims to improve market competition?

Nationalisation
Deregulation
Increasing tariffs
Increasing union power

3.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

3. Which of the following is a market-based policy?

Providing free healthcare
Deregulation
Direct investment in R&D
Subsidising education

4.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

4. What is the aim of cutting personal income tax under supply-side policies?

Reducing inflation
Reducing unemployment
Increasing government revenue
Increasing incentives for work and investment

5.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

5. How does privatisation improve efficiency?

Increases government control
Reduces competition
Encourages market competition
Lowers labour productivity

6.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

6. Which is a potential downside of reducing unemployment benefits?

Higher labour costs
Reduced income for the unemployed
Higher taxes
Increased inflation

7.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

7. Why might supply-side policies take a long time to show effects?

Immediate impact on demand
Time lags in project approval and implementation
Quick adjustment in labour markets
Instant investment response

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