What is Pro-cyclical?
1.
Something that moves in the same direction as GDP.
When GDP increases, standard of living increases. Therefore, standard of living is pro-cyclical.
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1.
Something that moves in the same direction as GDP.
When GDP increases, standard of living increases. Therefore, standard of living is pro-cyclical.
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Random Words:
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The cutest, sexiest, most amazing girl i know.
Tiffany Chang is awesome.
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Term popularized by the HBO hit show True Blood. Refers to a male or female who enjoys being bitten by and/or having sex with vampires.
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