Any economic variable that declines during expansions and rises during declines is referred to as a O acyclical variable
Posted: Sun Jul 03, 2022 6:57 am
Any economic variable that declines during expansions and rises during declines is referred to as a O acyclical variable; the unemployment rate O countercyclical variable: investment O procyclical variable; investment O countercyclical variable: the unemployment rate An example of this type of variable is