Was just wondering: If country ABC had 5 % growth rate in potential GDP, with 1 % being from TFP, vs country XYZ having 1 % potential GDP, 0.9 % of which being from TFP, what should be the answer if the question was phrased such that: “For which country does technological progress contribute the most to potential GDP growth?”
I realize that there could be an argument for both cases but just wondering if anyone has an idea what CFAI thinks of that matter (I seem to vaguely recall somewhere from a topic test or a mock - or was it the EOCs? that CFAI is leaning towards proportion but I may have recalled incorrectly, hence would like to ask).