IB Economics HL 3.7.3 Interventionist supply-side policies Question Bank
Practise IB Economics SL/HL 3.7.3 by applying interventionist supply-side policies concepts to exam-style questions.
- Syllabus
- First assessment 2022
- Course
- Economics HL
- Level
- HL
Practise IB Economics SL/HL 3.7.3 by applying interventionist supply-side policies concepts to exam-style questions.
Table 1 provides information about Fairland.

Table 1
State two interventionist supply-side policies that are likely to increase the demand for low-wage labour in Fairland.
Marking guidance:
Award [1] for each appropriate policy stated.
Policies may include:
- investment in infrastructure
- tax cuts or tax allowances in industries that hire low-wage labour
- subsidies for firms that hire low-wage labour
- Investment in education and training/human capital
- Investment in health.
Examiners should be aware that some candidates may take alternative approaches, which, if appropriate, should be fully rewarded.