8 min read
This study guide covers public policies for economic growth, focusing on investments in education, infrastructure, and policies that spur innovation, and their impact on productivity, employment, real GDP per capita, and overall economic growth. It explains supply-side economics, contrasting it with demand-side policies, and details how tax cuts and deregulation shift the SRAS and LRAS curves. The guide also includes practice questions and exam tips covering AD/AS shifts and the effects of fiscal policies.
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Question 1 of 8
Ready to boost that GDP? 🚀 Which of these government actions is MOST directly aimed at long-run economic growth?
Increasing unemployment benefits
Investing in infrastructure projects
Lowering the discount rate
Printing more money