Economics 25 mark question help Watch

psycholeo
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"Reforming labour law is an important supply-side policy." Evaluate whether you think this is the most effective way to improve the UK's productivity (25 marks).

I'm really not sure what to write for this question, I think I could talk about 3 different supply-side policies that affect productivity (reforming labour law, lower rates of income tax, improving labour training), but I'm really not sure what diagrams to use. My teacher always says to use two but the only one I can think of is a shift right of the LRAS and SRAS curves in a classic AD/AS diagram. I'm really not sure. Please help!!
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jpt4749
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Regarding graphical representation supply side policy is when LRAS shift to the right so that reduces the pressure of inflation while expanding output at the same time.

Reforming labor law can be through enhancing labor productivity by providing subsidies for R&D and improving trainings for workers etc.
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psycholeo
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(Original post by Nathan9087)
Regarding graphical representation supply side policy is when LRAS shift to the right so that reduces the pressure of inflation while expanding output at the same time.

Reforming labor law can be through enhancing labor productivity by providing subsidies for R&D and improving trainings for workers etc.
So other than that what's another diagram I can use in my answer?
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