Multiple Choice
After a substantial tax rebate program in early 2008, surveys showed that most households _____
A) spent the tax rebate.
B) saved the tax rebate or paid down debt.
C) spent the tax rebate and took on more debt.
D) looked on the tax rebate as permanent income.
E) looked on the tax rebate as permanent income only if was large.
Correct Answer:
Verified
Correct Answer:
Verified
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