CFA Practice Question

There are 253 practice questions for this study session.

CFA Practice Question

Which factors affect the steady state values for the capital-to-labor ratio and output-per-worker? Assume neoclassical model.

I. Saving rate.
II. Labor force growth.
III. Growth in TFP.
IV. Depreciation rate.
V. elasticity of output with respect to capital.
Correct Answer: All of them

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