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From course:

Economics A Level

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Question:

Where can you see some Supply Side Policies in the Product Market?

Author: go kys



Answer:

-Incentives for Firms to Invest: Tax Breaks if they Invest Profits back into the Firm instead of Dividends -Trade Liberalisation: Remove Trade Barriers and allow flow of Goods and Capital to Flow Freely -Encourage Competition. This can require Deregulation [Efficiency in Market] Privatisation [Effective if Nationalised Industries are Inefficient] Contract Services out [Private Firms Cary out Government Services] or Support for New and Small Firms


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go kys
go kys