If you were told that the exchange rate was 1.2  U.S. dollars for one Canadian dollar,that would mean that Canadians would have to spend ____ to buy a $12 watch in New York City

A rise in the money supply __________ the natural rate of interest

A) lowers B) raises C) has no effect on D) has an uncertain effect on

When we say most Americans are in the 15-percent tax bracket, we mean federal taxes are about 15 percent of the income of most Americans.

Answer the following statement true (T) or false (F)