Seeing is believing!
Before you order, simply sign up for a free user account and in seconds you'll be experiencing the best in CFA exam preparation.
Basic Question 3 of 11
Capital deepening occurs:
B. when the growth rate of capital exceeds the growth rate of labor.
C. when the total factor productivity increases.
A. whenever capital increases in production.
B. when the growth rate of capital exceeds the growth rate of labor.
C. when the total factor productivity increases.
User Contributed Comments 0
You need to log in first to add your comment.
I used your notes and passed ... highly recommended!
Lauren
Learning Outcome Statements
contrast capital deepening investment and technological progress and explain how each affects economic growth and labor productivity;
demonstrate forecasting potential GDP based on growth accounting relations;
CFA® 2025 Level II Curriculum, Volume 1, Module 9.