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Supply side policy

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Question 6

Which of the following combinations of policy measures represents a purely market-based approach to supply-side reform?

A

Reducing the rate of corporation tax, abolishing the national minimum wage, and deregulating product markets

B

Increasing state investment in transport infrastructure, cutting the central bank base rate, and reducing the standard rate of income tax

C

Expanding government-subsidised apprenticeship schemes, reducing unemployment benefit entitlement, and imposing tariffs on imported steel

D

Deregulating the banking sector, increasing the rate of capital gains tax, and bringing energy utilities into public ownership

Markscheme

Supply side policy Questions

  1. A Level
  2. /Economics
  3. /Supply side policy

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.

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