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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. describe 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?

Business Economics, Economics

  • Category:- Business Economics
  • Reference No.:- M916509

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