Data response (2)
Read the article Protecting the silent majority - and the Royal Wedding and then answer the questions below. (You can read the article in the web window below, or follow the previous link to read the article in a new web window)
Explain what are meant by supply-side policies.
Using appropriate diagrams to support your analysis, explain how supply-side policies can increase output, employment and income.
Explain how supply-side policies that reform labour markets can increase output, employment and income.
Discuss the potential hazards of introducing labour market supply-side policies, such as those described in the article.