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#
poundpusher's definitions
pro-cyclical
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Something
that moves in
the same
direction
as GDP.
When GDP increases,
standard
of living increases.
Therefore
,
standard
of living is pro-cyclical.
by
poundpusher
May 17, 2006
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pro-cyclical
mug.
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Get the pro-cyclicalmug. Get the pro-cyclicalmug. Get the pro-cyclicalmug. Get the pro-cyclicalmug.