CFA Practice Question

There are 253 practice questions for this study session.

CFA Practice Question

The classical model predicts adoption of new technology:
A. will result in growth in per capita income.
B. will not increase per capita income.
C. will actually result in a poorer population in a world with limited resources.
Explanation: The model predicts per capita economic growth is only temporary. Population will grow so much to bring down the income per capita to the subsistence level.

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