Was the bailout successful and should it of happened, Macroeconomics

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Was the bailout successful and should it of happened

Problem

Read the Business Case What's Good for America is Good for GM.

Answer the following questions:

A. Why did a national slump that began in the housing sector affect companies like General Motors (GM?) How does this story about General Motors help explain how a housing slump - (a relatively small part of the US economy) could produce such a deep recession?

B. Why was it reasonable in June 2009 that auto sales would improve in the near future?

C. Was the bailout successful? Should it of happened?

D. What is the current state of General Motors?

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Macroeconomics: Was the bailout successful and should it of happened

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Macroeconomics: Was the bailout successful and should it of happened

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