A poll conducted by a national firm finds that most Americans say they care more about safety when buying a car than about fuel efficiency. As a result, a car maker produces a car with many safety features, but it doesn't sell well. This behavior
A. contradicts economic theory because it is irrational not to purchase safer cars.
B. does not contradict economic theory because economic theory only relates to prices and not to features such as safety.
C. contradicts economic theory because the people didn't do what they said they would do.
D. does not contradict economic theory because economists focus on what people do rather than on what they say.
Answer: D
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Use the following diagram for the corn market to answer the question below. 
If the price in this market is fixed at $2 per bushel, then
A. buyers will find too much corn in the market. B. buyers will be able to get as much corn as they wish to buy. C. sellers will not be able to sell all the corn that they intended to sell. D. sellers will quickly run out of corn that they bring to market.
In late 2012, President Obama proposed raising the top income tax rate. All of the following are likely impacts of higher income tax rates on bonds EXCEPT:
A) higher interest rates on Treasury bonds B) lower interest rates on Municipal bonds C) increased demand for Municipal bonds D) lower prices for Municipal bonds
Which combination of government policies would be most likely increase labor demand?
a. Increasing subsidies to education and increasing subsidies to businesses for hiring new employees b. Reducing income tax rates and cutting transfer payments to the needy c. Raising income tax rates and cutting transfer payments to the needy d. Reducing subsidies to education and increasing subsidies to businesses for hiring new employees e. Increasing subsidies to education and reducing subsidies to businesses for hiring new employees.
Discuss the historic increases and decreases in unionism in the United States and how it affects current labor relations today