(a)[2]
Define supply-side policy in your own words.
(b)[4]
Explain two functions of a stock exchange in brief.
(c)[6]
Analyse two possible clashes between government aims.
(d)[8]
Discuss whether infrastructure projects will help an economy.
Economics 0455 · IGCSE · Supply-side policy
Supply-side policy — practice question
Confidence in the government’s reform agenda produced very rapid growth in India’s stock exchange index during 2017. Businesses welcomed the supply-side policy measures that had been put in place, including government spending on infrastructure projects such as constructing new motorways. Nevertheless, critics argued that the government was giving priority to one government aim at the expense of others.