In 2008, Consumers Were Mailed a Stimulus Check in Response

question 52

Multiple Choice

In 2008, consumers were mailed a stimulus check in response to the recession. The result showed that Ricardian equivalence:

• A) held, as most people spent a substantial share of the money.
• B) failed to hold, as most people spent a substantial share of the money.
• C) held, as most people saved the money.
• D) failed to hold, as most people saved the money.

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Definitions:

Range of Values

The span between the minimum and maximum values within a set of numbers, often used in statistical and mathematical contexts.

Parameter Query

A type of database query that requires the user to input one or more parameters to execute the search.

Navigation Pane

A sidebar or panel in a software interface providing quick access to folders, files, or features within the application.

Shortcut Menu

A context-sensitive menu that appears when a user right-clicks in a software application, providing quick access to frequently used functions.