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Basic Question 18 of 18
Convergence between developing and developed countries can occur in two ways. Which of the following is NOT one of them?
B. technology imitation.
C. population growth.
A. capital accumulation.
B. technology imitation.
C. population growth.
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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.