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Free CFA Economics Practice Questions & Answers

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Question 91

The production function exhibits diminishing returns when:

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Question 92

Increasing both labor and capital by 10% leads to a 10% increase in output. This indicates:

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Question 93

A country’s production function shifts upward when:

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Question 94

A country with high capital but low technology will likely experience:

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Question 95

Capital deepening refers to:

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Question 96

Capital deepening increases output per worker most when:

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Question 97

Capital deepening alone cannot sustain long‑term growth because:

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Question 98

A country increases investment but sees only small gains in output per worker. The most likely reason is:

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Question 99

Capital deepening raises living standards only if:

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Question 100

Technological progress differs from capital deepening because it:

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Question 101

Sustained long‑term growth requires technological progress because:

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Question 102

An upward shift in the production function most likely reflects:

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Question 103

A country with rapid technological progress will likely experience:

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Question 104

Technological progress increases the marginal product of capital because:

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Question 105

Human capital refers to:

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Question 106

Higher human capital increases productivity because:

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Question 107

A country invests heavily in education. The long‑term effect is most likely:

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Question 108

Human capital accumulation is important because:

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Question 109

A country with high physical capital but low human capital will likely experience:

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Question 110

Labor supply increases when:

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Question 111

A rising labor force participation rate increases potential output because:

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Question 112

A country with an aging population is likely to experience:

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Question 113

Immigration can boost economic growth because:

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Question 114

A country with a high share of young people will likely experience:

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Question 115

Labor force participation increases when:

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Question 116

A country with low female labor force participation can increase potential growth by:

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Question 117

A falling labor force participation rate reduces potential output because:

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Question 118

A country with high youth unemployment but rising participation rates is likely experiencing:

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Question 119

A rise in participation rates may not be permanent because:

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Question 120

Immigration increases potential GDP primarily by:

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Free CFA Economics Practice Questions & Answers

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Before you go, can we ask you one thing?

Thank you