| 单词 | circular flow diagram |
| 释义 | circular flow diagramDefinition A depiction of how money and products are exchanged within an economy. A circular flow diagram might be used by a business to show how a specific series of exchanges of goods, services and payments make up the building blocks of a given economic system of interest. Use 'circular flow diagram' in a SentenceThe circular flow diagram was presented in the meeting to add a visual element to the presentation in hopes of increasing understanding. I had to take another look at the circular flow diagram to see if anything was different than the previous time I looked at it. Now, if you look closely at our circular flow diagram, you'll see we've drawn a picture of a cute little piggy for the bribe outflows. |
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