Sentences with phrase «economy over an economic cycle»
He outlined his thinking on this in an interview with the Guardian in September in which he said: «If there was no growth in the British economy over an economic cycle we'd be back to the middle ages.»
https://www.theguardian.com/ Not exact matches
But the multiplier varies over the economic cycle — higher during recessions or when short - term rates are near zero, and lower when an economy runs near fully capacity.
The Business Cycle is recurring and fluctuating levels of economic activity that an economy experiences over a long period of time.
This means that over an economic cycle the economy will grow faster than the government, and government spending will fall as a percentage of GDP.
But the multiplier varies over the economic cycle — higher during recessions or when short - term rates are near zero, and lower when an economy runs near fully capacity.