Examlex
According to classical economists, the short-run aggregate supply curve is _____, while according to Keynesian economists, the short-run aggregate supply curve is _____.
Innovation
The process of introducing new ideas, devices, or methods, often leading to technological progress or improved solutions.
Invention
The creation of a new product, service, or process, often one that has never been made before, resulting from study and experimentation.
Diffusion
Diffusion in social sciences refers to the process by which an innovation is communicated through certain channels over time among the members of a social system.
Entrepreneurs
Individuals who create, organize, and manage a business venture, taking on financial risk to do so.
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