CIRF meaning in Academic & Science ?

Answer:

What is Circular Flow mean?

The circular flow of income or circular flow is a model of the economy in which the major exchanges are represented as flows of money, goods and services, etc. between economic agents. The flows of money and goods exchanged in a closed circuit correspond in value, but run in the opposite direction. The circular flow analysis is the basis of national accounts and hence of macroeconomics.

The idea of the circular flow was already present in the work of Richard Cantillon. François Quesnay developed and visualized this concept in the so-called Tableau économique. Important developments of Quesnay's tableau were Karl Marx's reproduction schemes in the second volume of Capital: Critique of Political Economy, and John Maynard Keynes' General Theory of Employment, Interest and Money. Richard Stone further developed the concept for the United Nations (UN) and the Organisation for Economic Co-operation and Development to the system, which is now used internationally.

reference

Full Form	Category
Circular Flow	Academic & Science
Center for Interdisciplinary Research in Fluids	Academic & Science
Curve Indicator Random Field	Academic & Science
Centralized Instructional Resource Facility	Academic & Science
Chronic Illness Relief Fund	Business
Center For Individual Responsibility And Freedom	Community
Community Infrastructure Renewal Fund	Community
Center for Islam and Religious Freedom	Community
Cambridge Interdisciplinary Reproduction Forum	Community
Cancer Immunology Research Foundation	Community
Converging Industries Research Foundation	Community
Certyfikat Innowacyjna i Rzetelna Firma	General
California International Relations Foundation	International
Coach in Running Fitness	Sports
Coaching In Running and Fitness	Sports