Pro-cyclical

What is Pro-cyclical?

Something that moves in the same direction as GDP.

When GDP increases, standard of living increases. Therefore, standard of living is pro-cyclical.

See gdp, output

Something that moves in the same direction as GDP.

When GDP increases, standard of living increases. Therefore, standard of living is pro-cyclical.

See gdp, output

Frrt

1. A really funny fart noise that sounds like a trumpet. *frrt* LOL! Dude that sounded like a trumpet! See fart, trumpet, farting, fart..

W.a.g.g.g.s.

1. World Association of Girl Guides and Girl Scouts. 10 million member organization composed of member associations in 140 countries. Of..

Junglist

1. JUNGLIST (jun*gul*list)n. 1) A male or female who regularly listens to drum & bass/ jungle music. Junglist are also very aware of br..

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Pro-cyclical Edit Meaning