Identify various measures that can be classified as supply-side policies, such as education and training, reforms in the labor market, reductions in direct taxes, deregulation, enhancements to work and investment incentives, and privatization.

Quick explanation

Identify various measures that can be classified as supply-side policies, such as education and training, reforms in the labor market, reductions in direct taxes, deregulation, enhancements to work and investment incentives, and privatization

• This point belongs to Supply-side policy, especially Supply-side policy outcomes.
• You need to be able to identify various measures that can be classified as supply-side policies, such as education and training, reforms in the labor market, reductions in direct taxes, deregulation, enhancements to work and investment incentives, and privatization.
• The key ideas to know are Identify, Describe, and Give.
• Use the linked flashcards and practice questions to check recall, then practise applying the idea in an exam-style answer.