Paul Romer's definition of technology includes:
A) institutions.
B) production methods.
C) managerial procedures.
D) All of the above.
E) None of the above.

Question

Quizplus · Accepted Answer

Paul Romer's definition of technology is broad and includes not only physical objects, but also the methods and institutions involved in their production and distribution. Therefore, all of the options listed - institutions, production methods, and managerial procedures - are included in Romer's definition of technology.

Paul Romer's Definition of Technology Includes