different between acyclical vs procyclical
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:
procyclical
English
Etymology
From pro- +? cyclical.
Adjective
procyclical (comparative more procyclical, superlative most procyclical)
- (economics) Moving in the same direction as the overall state of an economy
- 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.
- (public policy) Magnifying the cyclical fluctuations of an economy.
Antonyms
- countercyclical
Derived terms
- procyclicality
See also
- acyclical
procyclical From the web:
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