Top answers

What are supply side policies and how do they effect the economy?

Supply side policies focus on the production side of the economy which can be manipulated by taxes, regulatory policy or monetary policy (interest rates/ supply of money). These policies are important for th...
LA
Answered by Laura A. • Economics tutor
2905 Views

Explain three possible reasons for growth in the value of an economy’s exports of goods.

Net exports is the total value of all goods and services exported. The value of this can go up without necessarily increasing the volume of goods and services being exported, this requires a change in the co...
RM
Answered by Rohan M. • Economics tutor
9032 Views

What are the Four factors of production?

The four factors of production are Capital, Land, labour and Enterprise/EntrreprenurshipAn easy way to remember this is with the anagram CELL.
GJ
Answered by Gus J. • Economics tutor
4512 Views

Why might expansionary demand side policies not always be effective in promoting economic growth?

Expansionary demand side policies focus on increasing Consumption and Investment within the economy. By increasing these components of real GDP, the economy will normally increase its' output and decrease it...
CH
Answered by Charlie H. • Economics tutor
2305 Views

Analyse 2 causes of shifts in the demand curve and the consequence for the consumer.

The demand curve describes the quantity of goods and services that consumers are willing and able to purchase at any given price over a given period of time ceteris paribus. An increase in a consumer's incom...
JL
Answered by James L. • Economics tutor
3965 Views