Provide a comprehensive discussion on the impact of technological progress on economic growth in the short, medium, and long run. How does technological progress interact with other economic variables like unemployment, productivity, and income inequality in each of these timeframes? Use real-world examples to substantiate your points

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Technological progress plays a significant role in driving economic growth over the short medium and long run Lets explore its impact on various economic variables in each timeframe 1 Short Run Econom... View the full answer