2.3 Aggregate supply (AS)

Question 5

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

Year	Productivity if pre-2008 trend had continued (Index)	Actual German labour productivity (Index)
2012	100	100
2014	105	102
2017	111	104
2019	115	105
2021	119	104
2023	124	106

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.

[8]

2.3 Aggregate supply (AS)

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Question 5

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

Year	Productivity if pre-2008 trend had continued (Index)	Actual German labour productivity (Index)
2012	100	100
2014	105	102
2017	111	104
2019	115	105
2021	119	104
2023	124	106

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.

[8]

2.3 Aggregate supply (AS)

Question 5

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

2.3 Aggregate supply (AS) Questions

2.3 Aggregate supply (AS)

Question 5

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

2.3 Aggregate supply (AS) Questions