If the exports are $1.5 trillion, imports are $2 trillion, short-term investment to and from the U.S. exactly balances, and taxes and private payments to and from the U.S. also exactly balance, the current account balance is a

The real interest rate equals the nominal interest rate ________ the inflation rate

A) times B) minus C) divided by D) plus

Which of the following is true for the monopolist?

a. Marginal revenue is less than the price charged. b. Economic profit is possible in the long-run. c. Profit maximizing or loss minimizing occurs when marginal revenue equals marginal cost. d. All of the above. e. None of the above.