Supply Side Policies Flashcards by Kateryna Synytsia | Brainscape

Q

Aggregate supply

A

Total amount of goods produced in a country at a given pricelevel in a given time period

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Q

Supply side policies

A

Gov measures designed to increase aggregate supply in an economy

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Q

Supply side policy aims

A

Improve flexibility in labor markets by removing restrictions
Restore incentive to work by lowering taxes on work and enterprise
Promote competition through privatization, deregulation and helping small firms
Increase investment by improving the flow of capital in capital markets

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