When a voltmeter reads 4V in a circuit, adding a parallel component can cause the voltage to drop due to the internal resistance of the power source. As components are added in parallel, the total resistance decreases, leading to an increase in current. However, this increased current causes a greater voltage drop across the internal resistance of the battery or power source, resulting in a lower voltage across the external circuit. The phenomenon occurs in all real power sources, not just ideal ones. Understanding this effect is crucial for accurate circuit analysis and design.