Which one of the following statements about the distinction between supply-side policies and supply-side improvements is correct?
Supply-side policies only affect the rate of economic growth in the short run.
Supply-side improvements can occur independently of government intervention.
Government-led supply-side policies never carry an opportunity cost for the public finances.
Supply-side policies primarily focus on managing the level of aggregate demand to control inflation.
245 exam-style questions on AQA A Level Economics 2.5 Fiscal policy and supply-side policies, covering 2.5.1 Fiscal policy and 2.5.2 Supply-side policies. Each one has a worked solution and a mark scheme showing where the marks go.