Examlex
If technological progress involves positive externalities, then private sector spending on research and development may be:
ROM
Read-Only Memory, a type of non-volatile storage that is used in computers and electronic devices to store firmware or application software in a way that is not easily or frequently altered.
Volatile
Refers to something that is highly unstable and can change rapidly, often used to describe financial markets or chemical substances.
Mainframes
High-performance computers used primarily by large organizations for critical applications, bulk data processing such as census, industry and consumer statistics, enterprise resource planning, and transaction processing.
Supercomputers
Highly advanced computing systems capable of processing vast amounts of data and performing complex calculations at high speeds.
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