Tuesday, April 13, 2010

Unit 2: Supply side policies in Cuba

A great clip from the BBC showing Cuba introducing a supply side policy in to their centrally planned economy


a) What supply side policy is being introduced?
b) In what ways should it make the hairdressing sector more efficient?
c) Explainn what should be the effect on the Cuban economy using an AD/AS diagram
d) What drawbacks might there be for the Cuban government in introducing such supply side policies as they try to modernise their economy?

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