If the value of the marginal product of a worker is $20 and the market price of the good he produces is $5, his marginal product is:

Total reserves are the sum of ________ and ________

A) excess reserves; borrowed reserves B) required reserves; currency in circulation C) vault cash; excess reserves D) excess reserves; required reserves

An increase in income causes the demand of normal goods to _________ and the price of normal goods to

a. Increase; increase b. Increase; decrease c. Decrease; increase d. Decrease, decrease