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5.4.1 meaning of supply-side policy, in terms of its effect on LRAS curves
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Supply-side policy and productive capacity

Supply-side policy and productive capacity

AD-AS diagram with average price level on the vertical axis, real output on the horizontal axis, a downward-sloping AD curve, and LRAS shifting right from LRAS1 at Y1 to LRAS2 at Y2

Supply-side policy is any government measure designed to increase an economy's productive capacity.

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

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

Step-by-step lessons on CIE Intl A Level Economics 5.4.1 meaning of supply-side policy, in terms of its effect on LRAS curves. Each one builds up to exam-style questions.