A. If GM, Ford, and our political leaders want to maintain full employment and expand economic opportunities and growth, they will have to develop and implement policies to achieve those goals. Explain the different effects of the following policies:
1. "Financial transfers to (workers whose jobs were eliminated), such as unemployment, insurance, and access to retraining programs"
2. Subsidies paid directly to the U.S. auto companies
3. Tariffs on auto parts manufactured in other countries
B.Which of the above 3 policies would bring the greatest long-term increase in economic growth? Explain clearly, making sure you refer to all 3 policy choices.