The Task
One of the main economic objectives of government is to ensure economic growth for the
benefit of their citizens. There are a variety of policy tools that governments have
to
facilitate
such an objective.
Required:
i.
Explain how governments can use supply side policies to facilitate economic growth.
Use
examples to support your answer.
(30 marks)
ii.
Discuss how governments
can use fiscal and monetary policy to
temporarily stimulate
economic growth.
Use AS and AD analysis to support your answers.
(50 marks)
Note:
20 marks
are available for referencing and effective communication
(Total marks available: 100)
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