Current Affairs · Economic Policy
What is the primary objective of supply-side economic policies?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1To reduce import volumes by imposing heavy protectionist tariffs
- 2To directly control inflation by manipulating central bank interest rates
- 3To increase overall productivity, efficiency, and capacity in the economy✓
- 4To stimulate immediate consumer demand through aggregate tax cuts
Correct answer
To increase overall productivity, efficiency, and capacity in the economy
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