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Circular Flow Of Income In Four Sector Economy: The circular flow of income in a four-sector economy includes households, businesses, government, and foreign sectors. It shows how income flows between these sectors through consumption, investment, government spending, and exports/imports, highlighting economic interconnections.
Four Sector Circular Flow Model: The four-sector circular flow model represents the economy, including households, businesses, government, and foreign sectors. It illustrates the flow of goods, services, and money between these sectors, highlighting the interdependence and economic activities within an open economy.
