Refer to Figure 2-4. A movement from ________ could occur because of an influx of immigrant labor

When one compares per-capital output growth rates among countries

A) one needs to correct the data to account for departures from purchasing power parity. B) such corrections are often not necessary. C) such corrections are sometimes necessary. D) the evidence whether such corrections are necessary are vague. E) such corrections are not necessary.

During World War II, whenever interest rates would rise and the price of bonds would begin to fall, the Fed would

A) lower reserve requirements. B) raise reserve requirements. C) make open market purchases of government securities. D) make open market sales of government securities.