Question: 3. The circular fl ow model does not include which of the following? a. The quantity of shoes in inventory on January 1. b. The

3. The circular fl ow model does not include which of the following?

a. The quantity of shoes in inventory on January 1.

b. The total wages paid per month.

c. The percentage of profi ts paid out as dividends each year.

d. The total profi ts earned per year in the U.S.

economy.

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