The document describes circular flow models of income in an economy. It outlines 2, 3, and 4 sector models showing the flows of money and factors between business, household, government, and foreign sectors through product, factor, and financial markets. Money flows as households receive income from businesses for factors and spend on consumption goods, while businesses receive revenue, pay costs, and may pay taxes.

1. The Circular Flow of Income A.MEENAIAH M.A M.Phil (Ph.D) Lecturer in Economics N.G.College Nalgonda Cell No. 9490138118