The primary assets of money market mutual funds are

One reason stagflation is difficult to recover from is because:

A. less output requires less inputs to be hired. B. prices tend to adjust more quickly downward than upward. C. wages are sticky downward. D. input prices increase with output prices.

Income elasticity relates to

A. a movement down a demand curve. B. the percentage change in quantity demanded divided by the percentage change in the price. C. a movement up a demand curve. D. a horizontal shift in a demand curve.