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Here's his quiz question:
On Friday (11/7/08), General Motors and Ford announced that they had spent down a combined $14.6 billion of their cash reserves in the past three months alone. Which of the following plans has been announced to offset the losses?
A. The two companies are mouthballing a combined 15 US manufacturing plants
B. Ford is slashing more than 2,000 white collar jobs
C. After having recently separating from Chrysler LLC, German automaker Daimler AG is purchasing General Motors.
D. The "Big Three" auto makers are merging under the leadership of CEO Rahm Emanuel
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