Supplyside policies influence growth from "summary" of EBOOK: Macroeconomics by Rudiger Dornbusch,Stanley Fischer,Richard Startz
Supply-side policies refer to government actions that aim to increase the productive capacity of the economy. These policies focus on factors that affect the ability of businesses to produce goods and services, such as technology, infrastructure, and the labor force. By improving these factors, supply-side policies can stimulate economic growth in the long run.
One of the key ways in which supply-side policies influence growth is by increasing the efficiency of production. For example, investing in new technology or infrastructure can help businesses produce more goods and services with the same amount of resources. This can lead to higher levels of output and economic growth over time.
Another way in which supply-side p...
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