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countercyclica
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The answer COUNTERCYCLICA has 0 possible clue(s) in existing crosswords.
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There are 14 letters in COUNTERCYCLICA ( A1C3E1I1L1N1O1R1T1U1Y4 )
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Definitions of countercyclica in various dictionaries:
COUNTERCYCLICA - Procyclical and countercyclical variables are variables that fluctuate in a way that is positively or negatively correlated with fluctuations in gros...
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Countercyclica might refer to |
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Procyclical and countercyclical variables are variables that fluctuate in a way that is positively or negatively correlated with fluctuations in gross domestic product (GDP). The scope of the concept may differ between the context of business cycle theory and that of economic policy–making. * The concept is often encountered in the context of a government's approach to spending and taxation. A 'procyclical fiscal policy' can be summarised simply as governments choosing to increase government spending and reduce taxes during an economic boom, but reduce spending and increase taxes during a recession. A 'countercyclical' fiscal policy takes the opposite approach: reducing spending and raising taxes during a boom period, and increasing spending and cutting taxes during a recession. |