
Supply Side Policy
Authored by Karen Lewis
Social Studies
8th - 10th Grade
Used 5+ times

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15 questions
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1.
MULTIPLE CHOICE QUESTION
2 mins • 1 pt
Market-based supply-side policies do not include _________
tax cuts
privatisation of state-owned assets
deregulation
government provision of transport infrastructure
2.
MULTIPLE CHOICE QUESTION
2 mins • 1 pt
Which statement does not apply to supply-side policies?
Macroeconomic policies aimed at improving the ability of the economy to increase its aggregate supply of goods and services.
Design to make the economy more productively efficient in the long run
Used to increase the productive potential of the economy
The use and manipulation of interest rates to affect the level of economic activity
3.
MULTIPLE CHOICE QUESTION
2 mins • 1 pt
Which of the following is a supply-side policy used to reduce unemployment?
Reduce welfare benefits to the unemployed
Privatisation of state-owned assets
Regulations of the financial sector
Reduced interest rates to stimulate economic activity
4.
MULTIPLE CHOICE QUESTION
2 mins • 1 pt
Privatisation is the transfer of ...
private sector assets to the public sector
state-owned assets to the private sector
sales of private sector assets
income form private sector to the public sector
5.
MULTIPLE CHOICE QUESTION
2 mins • 1 pt
An increase on which of the following is least likely to shift the long run aggregate supply curve of an economy to the right?
investment in education
investment on infrastructure
public sector spending
spending on research and development
6.
MULTIPLE CHOICE QUESTION
2 mins • 1 pt
Which of the following is not a supply-side policy involving investment in human capital?
schemes to increase labour mobility
policies aimed at promoting job opportunities and growth in specific industries
investment expenditure in education
subsidising training programs for small and medium sized business
7.
MULTIPLE CHOICE QUESTION
2 mins • 1 pt
Which of the following is an example of labour market reform?
reducing the power of trade union
raising the upper rate of capital gains tax
investment in education and training
trade liberalization policies that encourage greater competition in a particular industries
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