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.
See
1.
Something that moves in the same direction as GDP.
When GDP increases, standard of living increases. Therefore, standard of living is pro-cyclical.
See
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a vagina immersed in a growing swamplike substance. Hairy smelly wet stinky and cum ridden.
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One who leads and encourages the excessive consumption of alcohol at an event. They more than often lead by example.
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