Jaisul Naik

Supply side policies are the range of policies that can be used to increase the productive capacity of the economy. There are both interventionist and market-based supply-side policies. One example of an interventionist

Contractionary monetary policy is the use of increased interest rates to cause a left shift in aggregate demand and therefore cause a fall in price level. The Bank of England would increase interest

A tariff is a tax on imports. It is a form of protectionism. Protectionism is a barrier against free trade. The diagram below shows the effect of a tariff on a market. The