AS Paper 2, June 2019The UK Economy – Performance and Policies
AS Paper 2, June 2019, Q4(c)
Which one of the following is an interventionist supply-side policy?
Multiple choice1 mark
Context
The diagram below shows the aggregate demand (AD) and a possible long-run aggregate supply (LRAS) for the UK. Price LRAS level AD 0 Real output …
AAn improvement in infrastructure
BAn increase in indirect taxation
CAn increase in interest rates
DAn increase in the regulation of markets