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Which of the following is an example of a supply-side measure for promoting development in Nigeria?
  • a)
    Increasing government spending on education
  • b)
    Implementing import restrictions
  • c)
    Enhancing access to credit for small businesses
  • d)
    Reducing tax rates for corporations
Correct answer is option 'C'. Can you explain this answer?
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Which of the following is an example of a supply-side measure for prom...
Supply-side measures focus on improving the production capacity of an economy. Enhancing access to credit for small businesses is a supply-side measure as it helps to promote entrepreneurship and investment, thereby boosting economic development.
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Which of the following is an example of a supply-side measure for prom...
Supply-side measures focus on improving the production capacity of an economy. Enhancing access to credit for small businesses is a supply-side measure as it helps to promote entrepreneurship and investment, thereby boosting economic development.
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Which of the following is an example of a supply-side measure for promoting development in Nigeria?a)Increasing government spending on educationb)Implementing import restrictionsc)Enhancing access to credit for small businessesd)Reducing tax rates for corporationsCorrect answer is option 'C'. Can you explain this answer?
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