Today MCQ - Quiz Question No. 4 [ Majority of Student's Confus | Commerce Tuition Classes CTC @CTCClasses

Today MCQ - Quiz Question No. 4
[ Majority of Student's Confused ]
So here is the explanation
Topic Name - Economic Indicators
Explanation - Economic indicators can have one of three different relationships to the economy:
1. Countercyclic (indicator and economy move in opposite directions in Easy word -
countercyclical means a negative effect )
2. Acyclic (indicator has no relevance to the state of the economy),
3. Procyclic ( Procyclical means something with a positive effect )
Hope you get the solution
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