CFA Practice Question

There are 247 practice questions for this topic.

CFA Practice Question

θ/(1-α) is:

A. output per capita.
B. marginal product of capital.
C. steady state growth rate of labor productivity.
Correct Answer: C

It is the growth rate of output per capita when the economy is in steady state.

User Contributed Comments 0

You need to log in first to add your comment.