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.

Question

Quizplus · Accepted Answer

The statement in the question that "most households" saved the tax rebate or paid down debt indicates that choice B is the best answer. The other options (A, C, D, and E) are not supported by the information given in the question.

After a Substantial Tax Rebate Program in Early 2008, Surveys