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Real GDP per capita growth in year 2001- 2010 is 2.25% and 2010 -2020 is 0.5%. Assume that real GDP per capita typically grows at
Real GDP per capita growth in year 2001- 2010 is 2.25% and 2010 -2020 is 0.5%. Assume that real GDP per capita typically grows at about 4% p.a . Discuss the difference in real GDP per capita growth in year 2001-2010 and 2010- 2020 periods in terms if our concept of booms and busts
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