Which of the following described the attitude of most economists toward the U.S.-based automobile sector during the 2008 recession?
A) It needed to receive subsidies from the government in order to produce hybrid cars.
B) It should be taken over by the Federal Government.
C) If their industry failed, it would not take the rest of the economy down with it.
D) It needed to be bailed out, just like the financial sector was bailed out.
Correct Answer:
Verified
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