Use the following to answer questions :
Figure: The Market for Melons in Russia 
-(Figure: The Markets for Melons in Russia) Look at the figure The Market for Melons in Russia. Without trade, the country's producer surplus will equal area _____, and consumer surplus will equal area _____.
Definitions:
Required Reserves
The minimum amount of funds that a bank is required to hold in reserve against deposits, as mandated by central banking regulations.
Demand Deposits
Bank accounts that allow the holder to withdraw funds without prior notice, such as checking accounts.
Time Deposits
Savings accounts or certificates of deposit that hold a fixed sum of money for a specified period of time, during which the depositor cannot withdraw the funds without penalty.
Required Reserves
The minimum amount of reserves a bank must hold as mandated by regulatory authorities, based on a percentage of the bank's deposit liabilities.
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