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Basic Question 10 of 18
θ/(1-α) is:
B. marginal product of capital.
C. steady state growth rate of labor productivity.
A. output per capita.
B. marginal product of capital.
C. steady state growth rate of labor productivity.
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I was very pleased with your notes and question bank. I especially like the mock exams because it helped to pull everything together.
Martin Rockenfeldt
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.