Question 1
Deregulation may:
A.
Shift AD left only B.
Always reduce growth C.
Lower business costs D.
Eliminate investment
Question 2
What is meant by human capital?
A.
Flexibility vs worker protection. B.
Contestability and efficiency. C.
Skills raising productivity. D.
Transport, digital, energy networks.
Question 3
Supply-side policies mainly aim to:
A.
Shift LRAS to the right B.
Reduce exports only C.
Raise only CPI D.
Eliminate monetary policy
Question 4
What is meant by migration policy?
A.
Education, training, infrastructure. B.
Tax cuts, deregulation, privatisation. C.
Skills-based immigration. D.
Policies to increase productive capacity (LRAS).
Question 5
What is meant by infrastructure spending?
A.
Flexibility vs worker protection. B.
Tax cuts, deregulation, privatisation. C.
Education, training, infrastructure. D.
Transport, digital, energy networks.
Question 6
What is meant by market-based supply-side?
A.
Policies to increase productive capacity (LRAS). B.
Flexibility vs worker protection. C.
Tax cuts, deregulation, privatisation. D.
Contestability and efficiency.
Question 7
Infrastructure spending can:
A.
Raise productive capacity B.
Only affect imports C.
Eliminate fiscal policy D.
Fix PED
Question 8
Investment in education is:
A.
Protectionism B.
Demand-side only C.
Interventionist supply-side D.
A transfer payment
Question 9
What is meant by environmental supply-side?
A.
Policies to increase productive capacity (LRAS). B.
Transport, digital, energy networks. C.
Contestability and efficiency. D.
Green investment raising long-run efficiency.
Question 10
What is meant by competition policy?
A.
Contestability and efficiency. B.
Education, training, infrastructure. C.
Skills raising productivity. D.
Transport, digital, energy networks.
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