The Cash for Clunkers Program Was Intended to Help the US

question 76

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 the Japanese auto industry more than the US industry
• D)it helped used car dealers more than new car dealers
• E)it led to an acceleration of inflation in the USeconomy

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Definitions:

Subliminal Tapes

Audio recordings designed to influence the listener's behavior or thoughts through messages that are below the threshold of conscious perception.

Lithium Carbonate

A chemical compound used primarily in the treatment of bipolar disorder, acting to stabilize mood and reduce the extremes of mania and depression.

Bipolar Disorder

A mental disorder marked by extreme mood swings, including emotional highs (mania or hypomania) and lows (depression).

Lithium Carbonate

A chemical compound used primarily in the treatment of bipolar disorder, acting to stabilize mood.