To bypass capital controls, people who need foreign currency sometimes resort to:

If the price elasticity of demand for a good is less than one in absolute value, economists would characterize consumers of this good

A) as not very sensitive to price. B) as not very sensitive to the quantity they demand. C) as very sensitive to price. D) as elastic.

When the Social Security Act was passed by Congress it was initially intended only to provide full-retirement income for citizens

Indicate whether the statement is true or false