IB Economics Unit 3.5: Macroeconomics - Supply-Side Policies

1#

Which of the following is not a goal of supply-si4bn9kh(y;s3 nwvhe1 u1yak:jde 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 are part of market-based policies to encourage competieh+3 z0h mv7zn8k9ahqk+c 6pw tio7aen9mqh 3p6h+kc8vw+z0 zk h n?
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 characteristics of interventionist s7 kjkqgp7(vnt n67n q*upply-side policies? 7 7p jqq nkngk7t6*vn(
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 least9znc,q)m5wx w-sf c7j developed country (ELDC) decided to pursue interventionist supply-side poz sj)x 7ncf,wm c5-w9qlicies focusing on the provision of merit goods like healthcare 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 t caww s6w9(a47y (vqwwrue when discussing the effectiveness of market-based as9 6 7(ac4w(wwywqwvsupply-side 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 effectivenessn6 +dvrp php2qa 5q2h,ka 8w1i of interventionist supply- ,pphw2hqa 25vnai8 qrdk+p16side policies:?
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 a2 o6tmvxy1 w6fnd the unemployment rate is high. Identify which of the following policies will have short-run demaxmt6 v2o f1y6wnd-side effects and long-run supply-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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