The Aurelian national debt has risen as a result of targeted government funding to restructure the economy towards high-value digital services following a structural slowdown in manufacturing.
The Minister for Skills recently announced a £3.5bn package designed to modernise the workforce, retrain displaced workers, and secure long-term productivity gains. Key elements of this program include:
Extract A refers to a number of 'Tech-Future Skills' training initiatives announced by the Aurelian government.
Using an appropriate diagram, explain what impact this is likely to have on long-run economic growth in Aurelia.
37 exam-style questions on OCR A Level Economics Supply side policy. Each one has a worked solution and a mark scheme showing where the marks go.