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Basic Question 1 of 18
Which theory claims per capita economic growth is only temporary?
B. neoclassical growth theory.
C. endogenous growth Theory.
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. |
I passed! I did not get a chance to tell you before the exam - but your site was excellent. I will definitely take it next year for Level II.
Tamara Schultz
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.