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The Cash for Clunkers Program Was Intended to Help the US

Question 93

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 increased the federal deficit
E) it led to an acceleration of inflation in the USeconomy

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