If a country is net exporter, free trade will hurt the ________.

A demand curve is said to be inelastic if:

a. ED = 1 b. ED = 0 c. ED > 1 d. ED < 1

The richest 20 percent of the families in the United States receive approximately ________ percent of total income.

A. 20 B. 10 C. 50 D. 90