What explains the UK's "productivity puzzle "...?
Answers
Explanation:
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it tells us how much a typical worker in the UK economy produces each hour.
The so-called productivity puzzle is the observation that UK productivity has fallen well below its pre-crisis trend. ...
Over the three decades before the global financial crisis, productivity growth averaged 2.3% per year...
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Explanation:
In other words, it tells us how much a typical worker in the UK economy produces each hour. The so-called productivity puzzle is the observation that UK productivity has fallen well below its pre-crisis trend. ... Over the three decades before the global financial crisis, productivity growth averaged 2.3% per year.