- CFA Exams
- CFA Level I Exam
- Topic 2. Economics
- Learning Module 9. Economic Growth
- Subject 5. Theories of Growth
CFA Practice Question
Higher rate of technical progress brings higher growth rate in per capital income. If a country is unable to sustain the new, higher rate of technical progress, its per capital income growth will decrease. This is the view of:
B. neoclassical growth theory.
C. endogenous growth Theory.
A. classical growth theory.
B. neoclassical growth theory.
C. endogenous growth Theory.
Correct Answer: B
User Contributed Comments 1
| User | Comment |
|---|---|
| quanttrader | income growth rate will decrease |