Question: We know from the lectures that technical progress (innovation, ideas, knowledge breakthroughs) can help in breaking the barriers to economic growth as discussed in part

We know from the lectures that technical progress (innovation, ideas, knowledge breakthroughs) can help in breaking the barriers to economic growth as discussed in part A). Illustrate the impact of innovation (or technological breakthrough) in the economy by using any two of the economic models discussed in the classes. No explanation required, provide only clearly labelled and self-explanatory diagrams.[Hint: you can choose among AD-AS Model, Production Function diagram and /or Business Cycle model

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