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3.7 Supply side policies

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Question 93

Table 1 shows two supply side policies proposed for a region.

PolicyIntended effectGovernment cost
Apprenticeship grantsTrain 20,000 workers£0.8bn
Freight rail upgradeReduce average delivery times by 18%£4.5bn

Using Table 1, analyse how the two policies may increase economic growth.

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Markscheme

3.7 Supply side policies Questions

  1. GCSE
  2. /Economics
  3. /3.7 Supply side policies

121 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.

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