the supply- side approach and fiscal policy to raising output.

/in /by

for each essay.( Total words 500 x2 =1000 words)

1. With covid-19, economic reports demonstrate that the UK economy is heading into one of the worst technical recessions in decades. Compare the supply- side approach and fiscal policy to raising output.

2. Assess the demand and supply of labour in the country of your choiceand evaluate the costs and benefits of unemployment in an economy. Provide empiricalevidence.

3. a) Explain what is equilibrium GDP

b) Discuss the effects of an increase of aggregate demand on the general price level and output.