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Branson Benson
2 May, 14:16
Industry is the supply side of the market.
Question 20 options:
True
False
+1
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1
)
Ralph Herring
2 May, 15:57
0
True
Explanation:
The supply side of the market focuses on production. The supply-side policies aim at increasing production as a way of creating demand for products. Improving supply-side will lead to sustained growth without a rise in inflation.
The industry is the heart of the supply-side in the market. Focusing on the supply side involves increasing its competitiveness. Improving the supply side include lowering income tax and reducing the influence of trade unions.
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