Following a decade of low productivity growth, sometimes described as the 'productivity puzzle', the UK has faced widening regional disparities and a persistent skills gap, especially in high-value digital and engineering sectors. Some economists argue that state-led, interventionist supply-side policies are crucial to resolve these structural market failures.
Evaluate the view that interventionist supply-side policies are more effective than market-based supply-side policies in achieving a sustained increase in UK productivity.
245 exam-style questions on AQA A Level Economics 2.5 Fiscal policy and supply-side policies, covering 2.5.1 Fiscal policy and 2.5.2 Supply-side policies. Each one has a worked solution and a mark scheme showing where the marks go.