The Cash for Clunkers Program Was Intended to Help the US

question 93

Multiple Choice

The Cash for Clunkers program was intended to help the US auto industry and help the environment.Which of the following is often cited as a unintended consequence of the program?

• A)it contributed to an increase in the US trade deficit
• B)it helped Toyota surpass GM as the #1 auto maker in the world
• C)it helped used car dealers more than new car dealers
• D)it increased the federal deficit
• E)it led to an acceleration of inflation in the USeconomy

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Definitions:

Coopersmith

Refers to the Coopersmith Self-Esteem Inventory, a psychological assessment tool used to evaluate an individual's self-esteem.

Self-esteem

A measure of how much you value, respect, and feel confident about yourself.

Evaluation

The act of assessing or examining something to ascertain its significance, quality, or condition at a given time.

Competent

Having the necessary ability, knowledge, or skill to do something successfully.