What does counter cyclical mean?
Counter cyclical means (public policy) Dampening the cyclical fluctuations due to the business cycle in an economy..
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Pronunciation varies by accent · adjective
(public policy) Dampening the cyclical fluctuations due to the business cycle in an economy..
The unemployment rate is countercyclical in the sense that it rises when economic growth is low and vice versa.
Use counter cyclical when its meaning, tone and grammar fit the full sentence. A synonym is not always a direct replacement.
Counter cyclical means (public policy) Dampening the cyclical fluctuations due to the business cycle in an economy..
The closest synonym depends on the sentence and intended sense.
Possible antonyms include procyclical.
The unemployment rate is countercyclical in the sense that it rises when economic growth is low and vice versa.
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