Using the rule of 70, about how much would $100 be worth after 50 years if the interest rate were 7 percent?

The figure above illustrates a linear demand curve. If the price falls from $6 to $4

A) total revenue increases. B) total revenue decreases. C) total revenue remains unchanged. D) quantity demanded increases by more than 100 percent.

Banks with excess reserves will supply more reserves to the federal funds market as the interest rate increases

Indicate whether the statement is true or false