Meaning of procyclical | Babel Free
Definitions
- Moving in the same direction as the overall state of an economy
- Magnifying the cyclical fluctuations of an economy.
Examples
“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.”
CEFR level
C1
Advanced
This word is part of the CEFR C1 vocabulary — advanced level.
This word is part of the CEFR C1 vocabulary — advanced level.