Pro-cyclical

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 gdp, output

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 gdp, output


0

Random Words:

1. short for "tomorrow" ie the day after today dudess: well gdby 4eva then dude: yea wateva il cu 2mrw! See tomorrow, day, aft..
1. The state of arousal caused by a conversation with somebody who is articulate, eloquent, and considers internet chat short forms, to be ..
1. A phrase often used randomly in conversations or used as a greeting. Often causes reactions of the repeating of the phrase. Robert: &qu..