Any economic variable that declines during expansions and rises during declines is referred to as a O acyclical variable
Posted: Sun Jul 03, 2022 3:42 pm
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 countercyclical variable: the unemployment rate An example of this type of variable is