Supply-side Policy
Gbogbo ọrọ náà
Some government policies try to boost demand; supply-side policies aim deeper, at the economy's ability to produce. By making workers more skilled, markets more flexible and firms keener to invest, a government can lift the whole productive capacity of the country, the size of the pie it can bake.
In this lesson you will meet the main supply-side measures, from education and infrastructure to tax cuts, deregulation and privatisation, and learn how each is meant to raise productivity and output. You will also see how these policies help a government hit its big macroeconomic aims at once.
Ebumnobi
- education and training
- infrastructure spending
- labour market reforms
- lower direct taxes
- deregulation
- improving incentives to work and invest
- privatisation
- how supply-side policy measures may enable a government to achieve its macroeconomic aims
Akọmọ Ojú-ẹkọ
Ọ dị na ngwa Green Bridge
Budata ngwa Green Bridge CBT na ekwentị maọbụ kọmputa gị iji nweta akwụkwọ ndụmọdụ zuru oke, ajụjụ mmụta, na ndị ọzọ.
Ayẹwo Ẹkọ
Ekele diri gi maka imecha ihe karịrị na Supply-side Policy. Ugbu a na ị na-enyochakwa isi echiche na echiche ndị dị mkpa, ọ bụ oge iji nwalee ihe ị ma. Ngwa a na-enye ụdị ajụjụ ọmụmụ dị iche iche emebere iji kwado nghọta gị wee nyere gị aka ịmata otú ị ghọtara ihe ndị a kụziri.
Ị ga-ahụ ngwakọta nke ụdị ajụjụ dị iche iche, gụnyere ajụjụ chọrọ ịhọrọ otu n’ime ọtụtụ azịza, ajụjụ chọrọ mkpirisi azịza, na ajụjụ ede ede. A na-arụpụta ajụjụ ọ bụla nke ọma iji nwalee akụkụ dị iche iche nke ihe ọmụma gị na nkà nke ịtụgharị uche.
Jiri akụkụ a nke nyocha ka ohere iji kụziere ihe ị matara banyere isiokwu ahụ ma chọpụta ebe ọ bụla ị nwere ike ịchọ ọmụmụ ihe ọzọ. Ekwela ka nsogbu ọ bụla ị na-eche ihu mee ka ị daa mba; kama, lee ha anya dị ka ohere maka ịzụlite onwe gị na imeziwanye.
- Supply-side policies aim mainly to: A. increase total spending B. raise the productive capacity of the economy C. raise import prices D. reduce the money supply Answer: B
- Which is a supply-side policy? A. raising income tax B. cutting government spending to reduce demand C. investing in education and training D. printing more money Answer: C
- Privatisation means: A. nationalising private firms B. transferring assets from the public to the private sector C. raising taxes on firms D. banning competition Answer: B
- A drawback of supply-side policies is that they: A. work instantly B. always raise inflation C. usually take a long time to work D. reduce productivity Answer: C
- Cutting income tax can act as a supply-side policy by: A. reducing the incentive to work B. improving the incentive to work and invest C. raising firms' costs D. lowering productivity Answer: B
Ọ dị na ngwa Green Bridge
Budata ngwa Green Bridge CBT na ekwentị maọbụ kọmputa gị iji nweta akwụkwọ ndụmọdụ zuru oke, ajụjụ mmụta, na ndị ọzọ.
Ọ dị na ngwa Green Bridge
Budata ngwa Green Bridge CBT na ekwentị maọbụ kọmputa gị iji nweta akwụkwọ ndụmọdụ zuru oke, ajụjụ mmụta, na ndị ọzọ.
Àwọn Ìwé Tó Dáa Láti Kà
Meecha Ajụjụ Ule Ọmarịcha
Ị chọrọ ime ajụjụ ule ọmarịcha gbasara Supply-side Policy? Budata ngwa Green Bridge CBT iji nweta ajụjụ ule ọmarịcha na nyocha zuru ezu gbasara isiokwu a.
Dawunlodi Ẹpp naa lori Google Playstore.
Ihe nile ichoro iji nwee ihe ịga nke ọma na JAMB, WAEC & NECO.
