AQA GCSE · Economics 8136
5 multiple-choice questions marked as you go, and 1 written questions with worked solutions. All on Supply-side policies.
A government decides to significantly reduce the power of trade unions and abolishes several regulations regarding health and safety in the workplace. Which of the following best describes the intended effect of these supply-side policies?
A government decides to reduce the rate of Corporation Tax (a tax on business profits) and increases investment in infrastructure. How are these two supply-side policies expected to interact to promote economic growth?
A government decides to deregulate the energy market and provide tax credits for businesses that invest in new technology. These are examples of which type of policy?
A government increases spending on vocational training and infrastructure while simultaneously the Bank of England raises the base rate. What is the most likely conflicting outcome of these policies?
Which of the following is an example of a supply-side policy designed to increase the long-run productive capacity of the economy?
Analyze how a supply-side policy focusing on investment in education and training can help a government achieve the objective of long-term economic growth.
Write your answer out first, then check it against the worked solution.
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