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O-LevelEconomicsGovernment and the macroeconomy2281/12 · May/June 2022 · Q191 Mark

A government introduces a series of economic measures. What is a supply-side policy measure?

Abuilding more affordable homes to improve labour mobility
Bcontrolling consumer spending to reduce inflation
Clowering interest rates to encourage purchase of expensive goods
Draising pensions to help retired people pay their fuel bills

✓ Correct answer

A: building more affordable homes to improve labour mobility

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About this question

Topic
Government and the macroeconomy, O-Level Economics (syllabus 2281). Multiple choice, 1 mark.
Source
O-Level Economics, May/June 2022 Paper 1 Variant 2, question 19.

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