Difference between revisions of "Acyclical"
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Latest revision as of 18:11, 1 July 2020
Acyclical is moving in no consistent direction over the business cycle. (Cf. countercyclical, procyclical.)
Definition
According to Macroeconomics by Mankiw (7th edition),
- Acyclical. Moving in no consistent direction over the business cycle. (Cf. countercyclical, procyclical.)
