different between acyclical vs countercyclical
acyclical
English
Etymology
From a- +? cyclical.
Adjective
acyclical (comparative more acyclical, superlative most acyclical)
- (economics) Moving independent of the overall state of an economy.
Synonyms
- noncyclical
Coordinate terms
- procyclical
- countercyclical
Derived terms
- acyclicality
acyclical From the web:
countercyclical
English
Etymology
From counter- +? cyclical.
Adjective
countercyclical (comparative more countercyclical, superlative most countercyclical)
- (public policy) Dampening the cyclical fluctuations due to the business cycle in an economy.
- (economics) Moving in the direction opposite to that of the overall state of an economy.
- The unemployment rate is countercyclical in the sense that it rises when economic growth is low and vice versa.
Antonyms
- procyclical
Related terms
- contracyclical
Translations
See also
- acyclical
- countercyclicality
countercyclical From the web:
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