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