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Basic Question 4 of 18
According to neoclassical model, growth in potential GDP depends on:
II. technological progress.
III. labor force growth.
I. capital deepening.
II. technological progress.
III. labor force growth.
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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.