Acyclical vs Countercyclical - What's the difference?
acyclical | countercyclical | see also |
(economics) Moving in the opposite direction as the overall state of an economy
(public policy) Dampening the cyclical fluctuations of an economy.
Countercyclical is a coordinate term of acyclical.
In economics terms the difference between acyclical and countercyclical
is that acyclical is moving independent of the overall state of an economy while countercyclical is moving in the opposite direction as the overall state of an economy.acyclical
English
Synonyms
* noncyclicalDerived terms
* acyclicalityCoordinate terms
* procyclical * countercyclicalcountercyclical
English
Adjective
(en adjective)- "The unemployment rate is countercyclical , it's lower when economic health is high, and higher when the economic health is lower."
