If your demand for renting videos is Q = 5 ? 2P, should you purchase the annual membership from a video store that charges $0.5 per rental, plus an annual membership fee of $12?

Disguised unemployment refers to workers whose

a. marginal product exceeds the wage b. marginal product exceeds the average product c. marginal product is less than the wage d. marginal product is less than that of co-workers e. none of the above

Suppose all banks are subject to a uniform reserve requirement of 20 percent and that the Gamblers Last Chance Bank of Las Vegas has zero excess reserves. If a new customer deposits $10,000, the bank can now extend new loans up to a maximum of: a. $2,000

b. $8,000. c. $10,000. d. $50,000.