Economics 9708 · AS & A Level · Supply-side policy

Supply-side policy — practice question

A government chooses supply-side policy to raise long-run aggregate supply (LRAS). Why is it most likely that this policy instrument will not cause the price level to decrease?

  • AAggregate demand will also increase.
  • BLabour productivity levels will increase.
  • CWorkers will save any extra wages they earn.
  • DWorkers will spend any extra wages on imports.

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