Robert Barro's Empirical Findings That Countries with Higher Levels of Investment

Multiple Choice

Robert Barro's empirical findings that countries with higher levels of investment will achieve a steady state with a higher per-capita income but not with a higher growth rate supports

A) the notion of absolute convergence
B) the notion of conditional convergence
C) the predictions of the endogenous growth theory
D) the belief that a high savings rate is not beneficial for any nation
E) the belief that technology is not very important