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5.4.1 meaning of supply-side policy, in terms of its effect on LRAS curves

What is the main purpose of supply-side policy?

A

Monetary policy raises the economy's productive capacity.

B

Supply-side policy raises the economy's price level.

C

Supply-side policy raises the economy's productive capacity.

D

Demand-side policy raises the economy's productive capacity.

5.4.1 meaning of supply-side policy, in terms of its effect on LRAS curves Flashcards

  1. Intl A Level
  2. /Economics
  3. /5.4.1 meaning of supply-side policy, in terms of its effect on LRAS curves

24 flashcards on CIE Intl A Level Economics 5.4.1 meaning of supply-side policy, in terms of its effect on LRAS curves: the key terms and definitions you need to recall.