Terms vs Procyclical - What's the difference?
terms | procyclical |
(economics) Moving in the same direction as the overall state of an economy
(public policy) Magnifying the cyclical fluctuations of an economy.
As a noun terms
is .As an adjective procyclical is
(economics) moving in the same direction as the overall state of an economy.procyclical
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.
