Basically, there are 3 different growths that happen in an economy. One of the types is actual growth. It can be defined as the change that takes place in the GDP of the nation. Another is the potential growth. It can be defined as the rise in the quantity and the quality of the resources that the economy has. Potential growth doesn’t depend on actual growth in the economy. Trend growth can actually be defined as the increase that is expected to happen in the potential output level of the nation in the future. It signifies the capacity of the economy of a nation to grow over a certain period of time without considering the inflation in the nation.