In recent years, the UK economy has experienced a prolonged trend of stagnant labour productivity growth, often referred to as the 'productivity puzzle', with output per hour worked growing at a significantly lower rate than its pre-2008 trend of approximately 2% per annum.
Evaluate, with the aid of one or more appropriate diagrams, the potential macroeconomic impacts on the UK economy of a sustained trend of stagnant productivity growth.
43 exam-style questions on OCR A Level Economics Trends in macroeconomic indicators. Each one has a worked solution and a mark scheme showing where the marks go.