The Cash for Clunkers Program Was Intended to Help the US

question 42

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 led to an acceleration of inflation in the US economy
• E)it neglected to help other hard hit sectors of the economy

Explain the benefits and limitations of VPN in enhancing remote access security.

Understand the concept of public and private keys in public-key encryption.

Identify different types of disaster recovery sites and their significance in business continuity planning.

Acknowledge the impact and preventive measures of major data breaches.

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Definitions:

Tangible Costs

Costs that have a clear and direct physical presence or can be easily measured in monetary terms.

Investment Proposal

A formal suggestion for investing capital, typically encompassing projected costs, benefits, risks, and returns.

Net Present Value

A method used to evaluate the profitability of an investment, calculating the difference between the present value of cash inflows and outflows over a period of time.

Straight-Line Method

A method of calculating depreciation of an asset by evenly spreading its cost over its useful life.