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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 |
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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 am happy to say that I passed! Your study notes certainly helped prepare me for what was the most difficult exam I had ever taken.
Andrea Schildbach
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.