Question 1
What is meant by human capital?
A.
Education, training, infrastructure. B.
Contestability and efficiency. C.
Tax credits for innovation. D.
Skills raising productivity.
Question 2
What is meant by environmental supply-side?
A.
Green investment raising long-run efficiency. B.
Skills-based immigration. C.
Tax credits for innovation. D.
Policies to increase productive capacity (LRAS).
Question 3
What is meant by competition policy?
A.
Green investment raising long-run efficiency. B.
Contestability and efficiency. C.
Education, training, infrastructure. D.
Transport, digital, energy networks.
Question 4
What is meant by supply-side policy?
A.
Flexibility vs worker protection. B.
Green investment raising long-run efficiency. C.
Tax credits for innovation. D.
Policies to increase productive capacity (LRAS).
Question 5
What is meant by market-based supply-side?
A.
Flexibility vs worker protection. B.
Tax credits for innovation. C.
Tax cuts, deregulation, privatisation. D.
Skills-based immigration.
Question 6
Investment in education is:
A.
Interventionist supply-side B.
A transfer payment C.
Demand-side only D.
Protectionism
Question 7
Supply-side policies mainly aim to:
A.
Raise only CPI B.
Shift LRAS to the right C.
Eliminate monetary policy D.
Reduce exports only
Question 8
Deregulation may:
A.
Eliminate investment B.
Lower business costs C.
Always reduce growth D.
Shift AD left only
Question 9
Infrastructure spending can:
A.
Only affect imports B.
Eliminate fiscal policy C.
Fix PED D.
Raise productive capacity
Question 10
What is meant by migration policy?
A.
Policies to increase productive capacity (LRAS). B.
Skills-based immigration. C.
Green investment raising long-run efficiency. D.
Tax credits for innovation.
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