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Please assist with a detailed explanation of the below question: QUESTION THREE (20 marks) With the aid of a diagram, discuss the circular flow of

Please assist with a detailed explanation of the below question:

QUESTION THREE (20 marks) With the aid of a diagram, discuss the circular flow of income and spending for an open economy under the following head ngs: 3.1 The role of business / firms. 2.2 The role of consumers. 2.3 The product markets. 24 The factor markets. 2.5 Govemments (4 marks) (4 marks) (4 marks) (4 marks) (4 marks)

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