IB Economics Unit 3.5: Macroeconomics - Supply-Side Policies

1#

Which of the following is not a goal of suppl 3mwmy5lcoyix6b-5 7spz m7s8 )(zmjty-side policies?

A. Increasing firms’ incentives to invest in innovation by reducing costs

B. Reducing labour costs and unemployment through labour market flexibility

C. Protecting domestic producers and workers from cheap foreign imports

D. Improving the efficiency and increasing economy’s productive capacity

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2#

单选题 ( 1.0 分) 切至整卷模式搜藏此题

Which of the following a9anq3sv gn4 n)re part of market-based policies to encourage competitioa)gnn4v qs9n 3n?
I.Deregulation
II. Personal income tax cuts
III.Trade liberalisation
IV.Abolishing minimum wages

A. I and II only

B. I and III only

C. II, III, and IV only

D. III and IV only

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3#

单选题 ( 1.0 分) 切至整卷模式搜藏此题

Which of the following are characteri gy.miao;5;m xstics of interventionist supply-side policix iy5.mam;; oges?
I. Provision of education and training
II. Anti-monopoly regulation
III.Improving the quantity, quality, and access to health care
IV. Provision of infrastructure

A. I and II only

B. I and III only

C. I, II, and III only

D. I, II, and IV only

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4#

单选题 ( 1.0 分) 切至整卷模式搜藏此题

The government of an economically least developed country (ELDC) decit sw5)po ammwm 251wr-9+r eelded to pursue interventionist supply-side policies focusing on the provision of merit goods like healthcar1mwrew5 rtm -2sw +p 5l)moe9ae and education programs.
Which of the following is not a possible downside or limitation of such policies?

A. An unsustainable burden on the government budget

B. Increased economic inequality

C. A long time lag between implementation and seeing desired results

D. A higher rate of inflation

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5#

单选题 ( 1.0 分) 切至整卷模式搜藏此题

Which of the following statements are true when disjs j(x/y(5n5zq+xu6v,s v jwx cussing the effectiveness of market-based supply-(svj(q y/nj6jv5,xu sx x+wz5side policies?
I.They improve resource allocation
II.They do not place a burden on the government budget
III.They often have negative impacts on equity and the environment
IV.They provide direct support for sectors important for growth

A. I and II only

B. I and III only

C. I, II, and III only

D. I, II, and IV only

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6#

单选题 ( 1.0 分) 切至整卷模式搜藏此题

Which of the following statements are true when discussing the ef8ol t45v2a jsdfectiveness of interventionist supply-side policies o4stda825jvl :?
I.They involve long-time lags
II. They are not a burden on the government budget
III.They provide direct support for sectors important for growth

A. I only

B. II only

C. I and II only

D. I and III only

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7#

单选题 ( 1.0 分) 切至整卷模式搜藏此题

An economy is in recession and the unemploym tdj ex fwah(*96 nn4w-l(+td)fv75dkpc4m paent rate is high. Identify which of the following policies will have short-run demand-side effects and long-run supplyd nt7axe v)9 f((lajmd5wc-4f6d+w* n4ptp kh-side effects:
I.Provision of education and healthcare
II.Reducing the power of trade unions
III. Provision of infrastructure
IV.Personal income tax cuts

A. I and II only

B. I and III only

C. I, II, and IV only

D. I, III, and IV only

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