Difference between absolute growth rate and relative growth rate

Dear student,
Please find below the solution to the asked query
 

Absolute growth rate refers to the measurement and comparison of total growth per unit time.
Thus, Absolute growth = Growth in given time period.

Relative growth rate refers to the growth of a particular system per unit time, expressed on a common basis. For example, per unit initial parameter. Thus, 

Hope this information will clear your doubts about the absolute growth rate and relative growth rate.
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