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Romer's Model of Endogenous Growth Is

Question 43

Multiple Choice

Romer's model of endogenous growth is

A) consistent with evidence of convergence in the richer countries and consistent with evidence of convergence in the poorer countries.
B) consistent with evidence of convergence in the richer countries and inconsistent with evidence of convergence in the poorer countries.
C) inconsistent with evidence of convergence in the richer countries and consistent with evidence of convergence in the poorer countries.
D) inconsistent with evidence of convergence in the richer countries and inconsistent with evidence of convergence in the poorer countries.
E) only consistent with evidence of convergence in the richer countries.

Correct Answer: