Multiple Choice
The US "cash for clunkers" program took roughly 7 million cars off the road. Economists would consider this a colossal failure because:
A) the total number of cars was not reduced
B) 7 million cars was not enough to put a dent in global warming
C) those 7 million cars had economic value
D) the program reduced the price of recycled steel
Correct Answer:
Verified
Correct Answer:
Verified
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