Contracyclical
Definition, Meaning & Examples
Part of speech adjective
Quick meaning: Contracyclical is an adjective meaning (economics) Tending to counteract the effects of the business cycle.
Meaning
(economics) Tending to counteract the effects of the business cycle.
Example Sentences
The government cut taxes during the recession as a contracyclical measure.
Related Words
Related dictionary entries include anticyclical, procyclical, anticyclic, cyclical, counterdirectional, counterattractive.
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Sources & Attribution
FreeDictionaryAPI.com / Wiktionary · Original source · CC BY-SA 4.0
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