Market based supply-side policies
Syllabus: Policies to encourage competitionSyllabus: Explain how factors including:
- deregulation,
- privatization,
- trade liberalization and
- antimonopoly regulation
Syllabus: Labour market reforms
Syllabus: Explain how factors including
- reducing the power of labour trade unions,
- reducing unemployment benefits and
- abolishing minimum wages
Syllabus: Incentive-related policies
Syllabus: Explain how factors including personal income tax cuts are used to increase the incentive to work, and how cuts in business tax and capital gains tax are used to increase the
incentive to invest.
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