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Basic Question 1 of 18

Which theory claims per capita economic growth is only temporary?

A. classical growth theory.
B. neoclassical growth theory.
C. endogenous growth Theory.

User Contributed Comments 1

User Comment
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.
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Edward Liu

Edward Liu

Learning Outcome Statements

compare classical growth theory, neoclassical growth theory, and endogenous growth theory;

explain and evaluate convergence hypotheses;

describe the economic rationale for governments to provide incentives to private investment in technology and knowledge;

CFA® 2025 Level II Curriculum, Volume 1, Module 9.