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Recall the Application About the Success of the 2009 Stimulus

Question 64

Multiple Choice

Recall the Application about the success of the 2009 stimulus package to answer the following question(s) .
-According to the Application, economist John B. Taylor found that the temporary tax cuts which were a part of the 2009 stimulus package


A) were very successful in stimulating consumption spending.
B) did very little to stimulate consumption spending.
C) were split very evenly between consumption spending and household saving.
D) were primarily used to pay off home mortgage balances.

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