Question

What are the measure controls is the
success of economical policy?​

Answer 1

Answer:

Answer is below.

Explanation:

1.) Demand side policies include: Fiscal policy (cutting taxes/increasing government spending) Monetary policy (cutting interest rates)

2.) Supply side policies include: Privatisation, deregulation, tax cuts, free trade agreements (free market supply side policies) Improved education and training, improved infrastructure.

Answer 2

Answer:

Policy is generally directed to achieve particular objectives, like targets for inflation, unemployment, or economic growth. Sometimes other objectives, like military spending or nationalization are important.

To achieve these goals, governments use policy tools which are under the control of the government. These generally include the interest rate and money supply, tax and government spending, tariffs, exchange rates, labor market regulations, and many other aspects of government.

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Explanation: