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IGCSE Economics 0455 · Government and the macroeconomy · 17

0455.4.5.2 — supply-side policy measures Possible supply-side policy measures include education and training, labour market reforms, lower direct taxes, : past paper questions

19 real questionsasked in 5 of the last 10 exam series2019–2026usually: Analyse, Explain, Discuss, Which, Identify

Real questions on 0455.4.5.2 — supply-side policy measures possible supply-side policy measures include education and training, labour market reforms, lower direct taxes,

The newest 19 of 19 written questions. Open one to see it on the real paper.

  1. 0455/23 · May/June 2026 · Q5c[6]

    Analyse how supply-side policy measures may enable the government to achieve its macroeconomic aims.

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  2. 0455/22 · February/March 2026 · Q3b[4]

    Explain two supply‑side policy measures, other than privatisation.

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  3. 0455/21 · May/June 2025 · Q4c[6]

    Analyse how a cut in the corporation (corporate income) tax rate can increase economic growth.

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  4. 0455/22 · February/March 2025 · Q5d[8]

    Discuss whether supply-side policy measures will reduce a government’s budget deficit.

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  5. 0455/22 · October/November 2023 · Q3c[6]

    how supply-side policy measures could reduce unemployment.

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  6. 0455/23 · May/June 2023 · Q4c[6]

    Analyse policy measures a government could use to attract workers to return to their home country.

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  7. 0455/23 · May/June 2022 · Q1h[6]

    Discuss whether or not government investment in education and training will help the Maltese economy. Section B Answer any three questions. Each question is introduced by stimulus material. In your answer you may refer to this material and/or to other examples that you have studied.

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  8. 0455/12 · October/November 2021 · Q9[1]

    Which government policy will increase productivity?

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  9. 0455/12 · October/November 2021 · Q20[1]

    Which supply-side policy measure would help to match the skills of workers to job vacancies?

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  10. 0455/21 · May/June 2021 · Q1d[4]

    Explain how government spending on training may increase tax revenue in the long run.

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  11. 0455/21 · May/June 2021 · Q1f[5]

    Analyse how a government could encourage firms to increase their investment.

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  12. 0455/23 · October/November 2020 · Q4c[6]

    Analyse how education and subsidies can increase a country’s economic growth rate.

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  13. 0455/23 · May/June 2020 · Q1c[2]

    Identify two reasons for the recovery of the European economies, other than Greece.

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  14. 0455/23 · May/June 2020 · Q1d[4]

    Explain the two supply-side policy measures being used by the Greek government.

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  15. 0455/11 · October/November 2019 · Q22[1]

    Which government policy would reduce economic growth?

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  16. 0455/22 · October/November 2019 · Q6d[8]

    Whether or not a government should subsidise its exports.

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  17. 0455/22 · October/November 2019 · Q7d[8]

    Whether or not the use of supply-side policy measures by a government will reduce firms’ average costs of production.

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  18. 0455/21 · May/June 2019 · Q2b[4]

    Explain two benefits a government may gain from the growth of the private sector.

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  19. 0455/21 · May/June 2019 · Q7c[6]

    Analyse how supply-side policy measures may reduce unemployment.

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What examiners said

Comprehensive responses • Many candidates showed clear awareness of supply-side policies, commonly identifying education, training, and subsidies. • Some candidates developed their response by explaining how the policy would increase output or aggregate supply. Limited responses • Some candidates listed supply-side policies and omitted to explain how they increased output or aggregate supply. • A...

— Examiner report, February/March 2026, 0455/22 Q3(b) (Cambridge)

There were many strong answers to this question. The strongest answers made a clear link between the cut in corporation tax and firms having increased funds or retained profit available to them. They then explained how the firms could use these funds and the possible impacts of this usage. However, many candidates mistook the fall in corporation tax for a fall in personal income tax. As a conseque...

— Examiner report, May/June 2025, 0455/21 Q4(c) (Cambridge)

Despite the stem of this question stating ‘Finland’s Government had a budget deficit with government spending exceeding tax revenue’ some candidates confused a government budget deficit with a deficit on the current account of the balance of payments. This result in them answering a different question. There were also some strong answers which analysed how supply-side policy measures may affect g...

— Examiner report, February/March 2025, 0455/22 Q5(d) (Cambridge)

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0455.4.5.2 — supply-side policy measures Possible supply-side policy measures include education and training, labour market reforms, lower direct taxes, — IGCSE Economics 0455 past paper questions | AssessPro