Suppose which a scientific breakthrough leads to discovery


Discussion on economic recession also Elucidate the effect of this invention in the short run in the short run also in the long run.

1. Consumption accounts for about 60% of GDP, while investments accounts for about 20% for GDP. Explain however many economists think which, to understand an economic recession, it is more important to look at investment than consumption. Elucidate why?

2. Suppose which a scientific breakthrough leads to the discovery of a new cheap source of energy. Illustrate what would be the effect of this invention in the short-run also in the long-run?

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Business Economics: Suppose which a scientific breakthrough leads to discovery
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