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jobs for each million dollars of program costs) than other fiscal stimulus programs, such as increasing unemployment aid, reducing employers’ and employees'' payroll taxes, or allowing the expensing of investment costs. The small increase in employment came at a far higher implied cost per job created ($1.4 million, or 0.7 million tons.
The federal government’s Cash for Clunkers aims to stimulate the economy, provide relief for automobile manufacturers and reduce greenhouse gas emissions. Knittel did not analyze the program’s other key objectives: stimulating the economy and providing relief for automobile manufacturers. However, the. pollutants.I
As a result of the lockdown, automobile production ground to a halt in several leading car manufacturing countries. China – China, the largest EV market in the world, announced that electric cars will be a top priority in its post-coronavirus stimulus plans , extending EV subsidies and tax breaks for two additional years.
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