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.
See
Random Words:
1.
One who engages in such douchebaggery that it permeates your soul.
"he's a douchebag six ways to Sunday..us an extra Monday a..
1.
When a person wearing braces orally pleasures a female natural redhead, or firecrotch.
Billy had to visit the orthodontist after giving..
1.
To combine or connect together in a way.
To intercombobulate the two different styles of fashion.
See connect, odd, weird, together, c..
