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2.3 Aggregate supply (AS)

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Question 3

Figure 4: German labour productivity index, actual vs pre-2008 trend (2012 = 100)

YearProductivity if pre-2008 trend had continued (Index)Actual German labour productivity (Index)
2012100100
2014105102
2017111104
2019115105
2021119104
2023124106

Apart from a slowdown in business research and development (R&D) spending, examine one reason for the trend in German labour productivity over the period shown in Figure 4.

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Markscheme

2.3 Aggregate supply (AS) Questions

  1. A Level
  2. /Economics
  3. /2.3 Aggregate supply (AS)

31 exam-style questions on Edexcel A A Level Economics 2.3 Aggregate supply (AS), covering 2.3.1 The characteristics of AS, 2.3.2 Short-run AS, and 2.3.3 Long-run AS. Each one has a worked solution and a mark scheme showing where the marks go.

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