After a Substantial Tax Rebate Program in Early 2008, Surveys

question 183

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.

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Definitions:

Test Performance

The act or capability of completing an examination or evaluation, showcasing one's knowledge or skill level in a particular area.

IQ Test

A standardized test designed to measure human intelligence and cognitive abilities in relation to the general population.

Correlation

A statistical measure that depicts the extent to which two or more variables fluctuate together.

Stereotype Threat

The risk of conforming to stereotypes about one's social group, which can impair performance in certain situations due to anxiety and reduced confidence.