Question

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

Select one:

A. wetware.

B. hardware or tangible assets.

C. hardware or human resources.

D. software or intangible assets.

Answer 1

Is not talking about tangible assets but he is strictly talking about intangible assets which can be a method for a procedure or a recipe for a particular organisation and this is an acid so that the things will be done in the most efficient way as resources might be with any organisation and that is the reason why

(D) is the answer to this question

Because procedures, things are intangible assets

(A,B,C) are wrong