Refer to Figure 3.2. If Wilma plays North and Betty plays West, what is Wilma's payout?

All of the following are assumptions of the classical model EXCEPT

A) inflexible wages. B) self-interest of economic actors. C) pure competition. D) absence of money illusion.

Refer to the table above. Net exports equal

A) -$2,800 billion. B) $2,800 billion. C) $200 billion. D) -$200 billion. E) $400 billion.