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1.4 Production, costs and revenue

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Question 3

Extract C (lines 12–14) states: 'structural weaknesses in the Italian economy, particularly stagnant labor productivity, continue to drag on long-term economic growth and international competitiveness.'

Explain two factors that may have contributed to stagnant labor productivity in an economy such as Italy's.

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1.4 Production, costs and revenue Questions

  1. A Level
  2. /Economics
  3. /1.4 Production, costs and revenue