supply-side policies

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supply-side policies
a range of measures designed to increase AS and hence the potential output of the economy, though many improvements may come from the private sector
1 of 5
labour market
an example of a factor market, in this case where labour is bought and sold
2 of 5
trade union
an organisation of workers set up to negotiate on wages, working hours and working conditions with employers on behalf of its members
3 of 5
deregulation
the process of removing govt. controls from markets
4 of 5
product markets
markets in which all kinds of g/s are traded, e.g. the markets for airline travel or mobile phones
5 of 5

Other cards in this set

Card 2

Front

an example of a factor market, in this case where labour is bought and sold

Back

labour market

Card 3

Front

an organisation of workers set up to negotiate on wages, working hours and working conditions with employers on behalf of its members

Back

Preview of the back of card 3

Card 4

Front

the process of removing govt. controls from markets

Back

Preview of the back of card 4

Card 5

Front

markets in which all kinds of g/s are traded, e.g. the markets for airline travel or mobile phones

Back

Preview of the back of card 5

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