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

Jawharp1992

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Buhleedat

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Daeth

1. Started as a mispelling of "death" but now has a slightly different meaning.Still means death but in a more severe way. Can be..

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Pro-cyclical Edit Meaning