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    Exam 15: Household and Firm Behavior in the Macroeconomy: a Further Look
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    According to the Permanent Income Hypothesis, a One-Time Tax Rebate
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According to the Permanent Income Hypothesis, a One-Time Tax Rebate

Question 55

Question 55

True/False

According to the permanent income hypothesis, a one-time tax rebate will generally have a considerable impact on consumption.

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