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

Understand the role and implications of expectancy theory in designing effective pay systems.

Comprehend the significance of external and internal factors that influence pay rates.

Differentiate between various job evaluation systems and their purpose.

Understand the concept and importance of equity in compensation, including internal, external, and pay equity.

---

Definitions:

Maintenance-Related

Pertaining to the activities, strategies, and practices involved in preserving and keeping equipment, systems, or infrastructure in optimal working condition.

Conflict

A disagreement or argument between parties due to differing opinions, values, or interests.

Reduce Tension

Involves actions or strategies aimed at lowering anxiety, stress, or conflict in a situation or environment.

Facilitator

An individual who aids a group in learning or achieving its goals by guiding discussions and processes without directing the outcome.