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SOLVED: 2-Draw a circular-flow diagram. Identify the parts of the model that correspond to the flow of goods and services and the flow of dollars for each of the following activities: a. Sam pays a storekeeper 1 for a quart of milk. b. Stuart earns10,000 from his 10 percent ownership of Acme Industrial. c. Serena spends 30 on a haircut. d. Sally earns4.50 per hour working at a fast food restaurant.
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