Acyclical vs Procyclical - What's the difference?
acyclical | procyclical | see also |
(economics) Moving in the same direction as the overall state of an economy
(public policy) Magnifying the cyclical fluctuations of an economy.
Acyclical is a see also of procyclical.
In economics|lang=en terms the difference between acyclical and procyclical
is that acyclical is (economics) moving independent of the overall state of an economy while procyclical is (economics) moving in the same direction as the overall state of an economy.As adjectives the difference between acyclical and procyclical
is that acyclical is (economics) moving independent of the overall state of an economy while procyclical is (economics) moving in the same direction as the overall state of an economy.acyclical
English
Synonyms
* noncyclicalDerived terms
* acyclicalityCoordinate terms
* procyclical * countercyclicalprocyclical
English
Adjective
(en adjective)- The employment rate is procyclical , when the economy is doing well more people are working, when it's not doing well, fewer people are working.
