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Please read all the following questions carefully and give your answers in concise and clear manner. Support your answers with relevant arguments! Explain the interaction

Please read all the following questions carefully and give your answers in concise and clear manner. Support your answers with relevant arguments!

Explain the interaction between firms, households, and government in a closed economy using a circular flow diagram. Where does the statement of 'there's an equality of income and expenditure' come from?

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