CourseCourseConceptConceptDocsDocuments

Edexcel A-Level Economics AS 2.3.6 3b Free Market Policies Deregulation of Product and Labour Markets Privatisation Questions

Practise recognising free-market supply-side policies and explaining how deregulation, privatisation and lower bureaucracy affect productivity.

Syllabus
First assessment 2019
Course
Economics YEC11
Level
AS

Exam points

  • classify privatisation and bureaucracy-cost cuts as free-market rather than interventionist or fiscal policies
  • identify lower welfare payments as a free-market supply-side measure that can shift LRAS right

Edexcel A-Level Economics AS 2.3.6 3b Free Market Policies Deregulation of Product and Labour Markets Privatisation Questions question 1

[Maximum number: 1]

Japan's productivity is significantly lower than the productivity of France and Italy. The Government of Japan aims to increase the country's productivity.

Which one of the following is a free market supply-side policy?

A

Investment in education and training

B

Privatisation of state-owned industries

C

Investment in infrastructure projects

D

Providing finance for business start-ups

All question bank results loaded