IB Economics Unit 3.5: Macroeconomics - Supply-Side Policies

1#

Which of the following is not a goal of supply-sid89i4n3n t lcble 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 encourgtg.(ss*vv5wdp8lpf k; e(i sy ;h.0 hage competition*h((ssvse ;pgld 5; 0tv8p .wfy.gkhi?
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 ch-)dp ve r0+ s;/lovs8 s(z4s7tvnvbk jaracteristics of interventionist supply-side policieszk)bv08p s-vv+t v(eojs;nr 7 d4s/ls?
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 econo h2m3onw7 o t7bmrs,c.mically least developed country (ELDC) decided to pursue interventionist supply-side policies focusing on the provision of merit goods like healthcare and edohw72c.on7 r mb, sm3tucation 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 discussing the effectiveness du 9fm/q9 dn/a )sd:(:kmhgmqof market-based supply-side policies? 9k us) d9dmm(a / ghqf/:mdqn:
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 disrkbw)9a cxib+4 3k 8bpcussing the effectiveness of interventionist supply-s b)k4w rc 89pabi+kbx3ide 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 and the unemploy- y h8zu3qotu* oajo0*ment rate is high. Identify which of the following policies will have y-3t oa*0uo*z oqjh8u short-run demand-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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