16- Supply-side policies Flashcards

1
Q

Strengths of Supply side policies

A
  • Can reduce inflation
  • Create more jobs
  • Lead to international competiviness
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
2
Q

Weaknesses of Supply side policies

A
  • Longer time lags
  • Large opportunity cost
  • Slow and inaccurate data collection could lead to wrong decisions
How well did you know this?
1
Not at all
2
3
4
5
Perfectly