4.5.2 - Supply-side policy measures
Unit 4.5.2 - Supply-side policy measuresThis section of the Cambridge IGCSE Economics (0455) syllabus requires students to understand the following possible supply-side policy measures: (i) education and training, (ii) labour market reforms, (iii) lower direct taxes, (iv) deregulation, (v) improving incentives to work and invest, and (vi) privatisation.1. Education and trainingAn increase in government expenditure on...