- CFA Exams
- CFA Level I Exam
- Topic 2. Economics
- Learning Module 9. Economic Growth
- Subject 5. Theories of Growth
CFA Practice Question
Which theory claims per capita economic growth is only temporary?
B. neoclassical growth theory.
C. endogenous growth Theory.
A. classical growth theory.
B. neoclassical growth theory.
C. endogenous growth Theory.
Correct Answer: A
This is because an exploding population with limited resources brings growth to an end.
User Contributed Comments 1
User | Comment |
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RNAN | Interesting theory. Sort of like the biology of animal populations and food supply levels available. Humans are much more complex so I guess there are so many more adaptation mechanisms at work. |