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Explain why it makes a difference if consumers consider a tax cut temporary rather than permanent.What does this explanation tell us about the importance of government credibility? Put this in the context of the 2008 and 2009 tax cuts favored by President Bush and President Obama.
Account
A record summarizing all the transactions pertaining to a single item in the accounting equation.
Monthly
Occurring or being calculated on a monthly basis; often used in the context of payments, interest calculations, or reporting periods.
Compounded Quarterly
An interest calculation method where the accrued interest is added to the principal four times a year, increasing the amount on which future interest is computed.
Quarterly Profits
The net earnings or losses of a company calculated every three months within a fiscal year.
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