Macroeconomic Concepts

noun a natural fluctuation of economic activity over time

• The business cycle refers to the fluctuations in economic activity over time.
• The business cycle is like a rollercoaster for the economy.
• The business cycle is just the economy doing its thing, you know?
• The business cycle is like the heartbeat of the economy, with its ups and downs.

verb to reduce the value or worth of something

• The decision to devaluate the currency was met with mixed reactions from economists.
• I heard they're planning to devaluate our money, that's not good news.
• They're gonna devalue the dollar, man that sucks!
• His constant negative remarks devaluate the team's morale.

noun a noun is a word that refers to a person, place, thing, event, substance, or quality

adjective a word that describes or modifies a noun or pronoun

• The government is taking measures to prevent an inflationary spiral in the economy.
• If prices keep going up like this, we might end up in an inflationary spiral.
• Man, if prices keep skyrocketing, we're gonna be caught in an inflationary spiral.
• Her reckless spending habits led her into an inflationary spiral of debt.

noun A combination of the noun 'fiscal' (related to government revenue and spending) and the noun 'cliff' (a steep drop or decline), used metaphorically to describe a sudden and severe financial crisis.

• The country faced a looming fiscal cliff as the deadline for budget negotiations approached.
• I heard we might go over the fiscal cliff if they don't figure out a budget deal soon.
• We're on track to drive off the fiscal cliff if Congress doesn't get its act together.
• Their reckless spending habits are leading them straight towards a fiscal cliff.