IB Economics Unit 3.5: Macroeconomics - Supply-Side Policies

1#

Which of the following is not a goal of supply-sidetyrmyf ypl * qe2mw+lz815a2djn 5l(+ 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 aupgi8i bw4 pud6w4,wvq 46j2 2. luvzpre part of market-based policies to encourage competition? . vp44lwv dip6z6,q2 wu2bu w8pj gu4i
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 supplykeqh00 5 n7f9sx(b pd1marm;m-side policiesmd70(9snh; kq x p05remmb1fa?
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 economical58fvymz ke2hye+z o12ly least developed country (ELDC) decided to pursue interventionist supply-side policies focusing on the provisiohyov ze 22e8fm+zk5 1yn 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 statemen- jm q(kp5e 4v8cdmzuqcb 5,o/ts are true when discussing the effectiveness of market-ba4 c-eb,5qqm(z/u om vkj85pdcsed supply-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 theg +6quko wvi(q w4k)u2 effectiveness of interventionist supply-side policies:?w(uk2+qi4o) 6 k vqguw
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 t)u5b2 u812*ctbpt:)x u adc qffxh2 1*niwhslhe unemployment rate is high. Identify which of the f)us5)2q*nxdw bb8 t iuhfhcul2*2a1x1pf:c tollowing policies will have 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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