25. Supply-side policy

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Last updated 7:02 PM on 6/2/26
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4 Terms

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Supply-side policies

Long-term measures to increase the productive capacity of the economy.

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Productivity

Output per unit of input such as per worker or per machine hour.

3
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Geographical mobility

Willingness and ability of labour to move to different locations for work.

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Occupational mobility

Ability of labour to move between different jobs.