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. In the circular flow diagram below, the upper pair off lows ( a and b ) represents the resource market and the lower pair

. In the circular flow diagram below, the upper pair off lows (a and b) represents the resource market and the lower pair (c and d ) the product market.

Supply labels or explanations for each of the four flows:

a. ________________________________________

b. ________________________________________

c. ________________________________________

d. ________________________________________

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