The Tax Rebates Passed by Congress in 2008 to Help

question 123

Multiple Choice

The tax rebates passed by Congress in 2008 to help move the economy more rapidly toward potential GDP are an example of

• A) lump-sum taxes.
• B) automatic fiscal policy.
• C) contractionary fiscal policy.
• D) discretionary fiscal policy.

---

Definitions:

Significance Level

The probability threshold below which the null hypothesis is rejected, often denoted by alpha.

Level of Significance

In statistical hypothesis testing, it is the criterion used for deciding whether to reject the null hypothesis, often represented by alpha (α) and set before the study.

Significant Results

Findings in research that are unlikely to have occurred by chance alone, indicating a notable difference or effect that is statistically significant.

Obtained Value

The measured or calculated value resulting from an experiment or study.