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CFOI
(redirected from Circular flow of income)

   Also found in: Wikipedia 0.01 sec.
AcronymDefinition
CFOICensus of Fatal Occupational Injuries
CFOICampaign for Freedom of Information (UK)
CFOIConservative Friends of Israel (UK)
CFOICertified Fiber Optics Installer (Electronics Technician Association, Greencastle IN)
CFOICircular Flow of Income (economics)


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Money is hoarded, the circular flow of income in the economy stops and the economy gets paralyzed.
Because taxation is a withdrawal from the circular flow of income, and government spending is an injection into the circular flow, this will tend to raise the level of AMD.
The material than switches from microeconomics to macroeconomics in presenting chapters on the circular flow of income, national income, and money; aggregate demand; investment and capital accumulation; international trade and production; globalization, inequality and economic growth; national currencies and international money markets; unemployment and inflation; macroeconomic performance and stabilization; and environmental sustainability.
 
 
 
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