Discuss the alternative types of supply-side policies that are designed to increase potential output and hence long-run aggregate supply.

Macro Economics

Answer ONE question:
Discuss the alternative types of supply-side policies that are designed to increase potential output and hence long-run aggregate supply. (2000 words, 100 marks)

Discuss the alternative policy options a country can undertake to alleviate a balance of payments surplus/deficit. (2000 words, 100 marks)