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


40

Random Words:

1. Two people who like each other, live kinda far away, hang out ocasionally, and when they do they make out, and may potentially have matc..
1. vagina, the place in which women derive their pleasure, cooter, pussy, vagfiesta, vagbox "your pleasurebox is ready for insertion...
1. Large political event in the UK in which serveral parties duke it out in pursuit of government. The unthinkable happened as the exit pol..