Table 1 shows two supply side policies proposed for a region.
| Policy | Intended effect | Government cost |
|---|---|---|
| Apprenticeship grants | Train 20,000 workers | £0.8bn |
| Freight rail upgrade | Reduce average delivery times by 18% | £4.5bn |
Using Table 1, analyse how the two policies may increase economic growth.
29 exam-style questions on OCR GCSE Economics 3.7 Supply side policies, covering 3.7.1 What are supply side policies and 3.7.2 Costs and benefits of supply side policies. Each one has a worked solution and a mark scheme showing where the marks go.