Paul Romer Argues That "What Underlies This Process [Economic Success]

question 27

Multiple Choice

Paul Romer argues that "what underlies this process [economic success] ...... are instructions, formulas, recipes, and methods of doing things." He is referring to the:

• A) hardware or tangible assets.
• B) software or intangible assets.
• C) wetware or soup recipes.
• D) hardware or human resources.

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Definitions:

Next Day

Referring to the day immediately following the present day.

Activate Alarm System

The process of turning an alarm system on to ensure it is operational and can alert in case of an emergency.

Hard Disk Drive

A data storage device used for storing and retrieving digital information using magnetic storage.

Hardware

Physical components of a computer system, such as the CPU, hard drive, and RAM.