The Federal Reserve System can be described as a bank for bankers

In an economic downturn, sticky wages and prices reduce the economy's speed of adjustment because

A) hyperinflation will likely occur. B) businesses are unable to adjust quickly to changes in aggregate demand. C) they cause deflation. D) union workers would likely quit and look for work elsewhere.

If an older worker earns less than a younger worker for the same job, we have proof of age discrimination

a. True b. False Indicate whether the statement is true or false