Microeconomic Policies (1 Viewer)

[rokkuran-x]

can somebody please explain some examples of micropolicies and the effects of them, i seriously don't know why i didn't drop economics!

:burn:

 

[Lebosouljah]

-Taxation Reform
- Labour Market Reforms
etc

COSTS AND BENEFITS OF MICROECONOMIC POLICIES
Benefits
-[FONT=&quot] [/FONT]Long-term benefits
-[FONT=&quot] [/FONT]Greater competition
-[FONT=&quot] [/FONT]Technical, allocative, dynamic efficiency
-[FONT=&quot] [/FONT]Rising productivity
-[FONT=&quot] [/FONT]Competitive advantage to exports – more internationally competitive
-[FONT=&quot] [/FONT]Increase government revenue from more efficient PTEs and asset sales