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2.3 Aggregate supply (AS)

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Question 5

Figure 4: Manufacturing labour productivity index in Country Y, actual vs pre-2016 trend (2016 = 100)

YearProductivity if pre-2016 trend had continued (Index)Actual manufacturing labour productivity (Index)
2016100100
2018105102
2020111101
2022117103
2024123104
2026130105

Apart from low capital investment in new manufacturing technologies, examine one reason for the trend in Country Y's manufacturing 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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