1. Supply Side Policies
Answer all the questions below
1. Define the term supply side policy
2. Which side traditionally of the political spectrum would you expect to
find Supply Side Policies?
3. For each of the following supply side policies comment on how it
would increase the Long Run Productive Potential of the Economy
a. Education & Training
b. Personal Tax Cuts
c. Business Tax Cuts
d. Deregulation
e. Privatisation
f. Benefit Cutting
g. Curbing Trade Union Power
4. Draw an appropriate Diagram to illustrate the effect of a Supply Side
Policy