The most familiar notion of the new normal is the GDP trend that is projected to become flatter; from the supply-side perspective this could be a result of aging population, structural constraints affecting capital growth, and moderation in the rate
The most familiar notion of the new normal isthe GDP trend that is projected to become flatter;from the supply-side perspective this could be aresult of aging population, structural constraintsaffecting capital growth, and moderation in the rate