CFA Practice Question

There are 253 practice questions for this study session.

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:

A. classical growth theory.
B. neoclassical growth theory.
C. endogenous growth Theory.
Correct Answer: B

User Contributed Comments 1

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quanttrader income growth rate will decrease
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