Refer to Table 11.1. What is the value of net exports or the trade balance?

The real interest rate is equal to the

A) nominal interest rate plus the inflation rate. B) nominal interest rate minus the inflation rate. C) nominal interest rate times the inflation rate. D) nominal interest rate divided by the inflation rate. E) inflation rate minus the nominal interest rate.

Refer to Figure 16-6. If Sensei acts as a monopolist and charges the profit-maximizing price, what is the consumer surplus received by his customers?

A) the area A + C + H B) the area A + B + C + D C) the area A + B D) the area A + B + C + D + E