Which of the following will shift the consumption function upward?

Which of the following tools of monetary policy is flexible and able to affect bank reserves quickly and by relatively specific amounts?

A. The discount rate. B. The reserve ratio. C. Open-market operations. D. The federal funds rate.

Trade causes wages in countries with high productivity to increase and wages in countries with low productivity to decrease.

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