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Free CFA Economics Practice Questions & Answers

2,050 exam-style Economics questions. Pick your answer, hit Check answer, and see the worked solution — free to start, no signup.

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Question 151
In the neoclassical model, long‑run per‑capita growth is driven by:
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Question 152
In the neoclassical model, capital deepening stops raising per‑capita output when:
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Question 153
At the steady state, per‑capita output grows at the rate of:
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Question 154
A country below its steady‑state capital level will experience:
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Question 155
A country above its steady‑state capital level will experience:
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Question 156
Conditional convergence suggests that:
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Question 157
Poor countries can grow faster than rich countries because:
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Question 158
Absolute convergence predicts that:
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Question 159
Convergence may fail when:
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Question 160
A developing country with strong institutions and high savings is likely to:
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Question 161
Access to foreign capital helps developing countries grow because:
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Question 162
A country that restricts imports may experience slower growth because:
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Question 163
Foreign direct investment (FDI) contributes to growth by:
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Question 164
Higher national savings contribute to long‑term growth by:
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Question 165
A country with low savings but high investment must rely on:
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Question 166
Investment contributes to growth only if:
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Question 167
A country with high savings but weak investment likely suffers from:
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Question 168
Capital accumulation slows when:
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Question 169
Strong institutions support growth by:
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Question 170
Weak institutions reduce growth because they:
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Question 171
A country with strong rule of law is likely to experience:
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Question 172
Political instability harms growth because:
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Question 173
Corruption reduces growth by:
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Question 174
Well‑developed financial markets support growth by:
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Question 175
A weak financial system slows growth because:
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Question 176
Financial liberalization can boost growth by:
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Question 177
Excessive credit growth can harm long‑term growth because:
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Question 178
Free trade supports growth by:
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Question 179
Capital inflows can raise growth if they:
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Question 180
A country that integrates into global markets is likely to experience:
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