Question A.20 (a) (i) Outline the meaning of public debt identied in bold in the text. [2 marks] (ii) Outline the meaning of labour market reforms identied in bold in the text. [2 marks] (b) Using an AD-AS diagram, explain the likely effects of supply-side policies on Turkey's export competitiveness. [4 marks] (c) Using an exchange rate diagram, analyse the impact of Turkey's high interest rates on the value of the Turkish lira. [4 marks] (d) (higher level) Using information in the text, the diagrams and your knowledge of economics, justify two policies you would recommend to the Turkish government to reduce the current account decit. [8 marks]