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

Respect My Fresh

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Qld

1. stands for Queensland, its the stat above nsw. the capital of qld is brisbane See nsw, qld, nt, wa, act, tas 1. stands for Queenslan..

Retodd

1. unable to maintain any coherent thought prosesses... I am reTodd did, I am sofa-king reTodd did. See rivermobster 2. a person named ..

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Pro-cyclical Edit Meaning