Countercyclical/Definition: Difference between revisions
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imported>Nick Gardner (New page: <noinclude>{{Subpages}}</noinclude> A term that is used to describe a policy of building up reserves of capital or credit during periods of economic growth so that...) |
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Latest revision as of 10:03, 24 April 2010
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Countercyclical [r]: A term that is used to describe a policy of building up reserves of capital or credit during periods of economic growth so that they will be available to use as a cushion against the effects of an economic downturn or a financial crisis