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Basic Question 1 of 9

Sustainable growth is measured by the rate of increase in an economy's ______.

A. potential GDP
B. real GDP
C. nominal GDP
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User Contributed Comments 3

User Comment
babycdq not B?. Economy growth is measured by the growth rate of real GDP. This is the definition, isn't it?
choas69 iam as confused as you are. guess its a mistake need confirmation.
choas69 sustainabl economic growth can be described by reference to growth in real GDP and GDP per capita.

to measure the sustainability of economic growth:
growth in potential GDP = growth in labor force x growth in labor productivity.
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I passed! I did not get a chance to tell you before the exam - but your site was excellent. I will definitely take it next year for Level II.
Tamara Schultz

Tamara Schultz

Learning Outcome Statements

describe sources, measurement, and sustainability of economic growth;

n. describe the production function approach to analyzing the sources of economic growth;

define and contrast input growth with growth of total factor productivity as components of economic growth.

CFA® 2024 Level I Curriculum, Volume 2, Module 10.