In 2008, the government under the Bush administration implemented a tax cut in the form of a one-time tax rebate. That tax cut had only a small impact on personal consumption expenditure and real GDP. Explain.

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The Answer of In 2008, the government under the Bush administration implemented a tax cut in the form of a one-time tax rebate. That tax cut had only a small impact on personal consumption expenditure and real GDP. Explain.

In 2008, the Government Under the Bush Administration Implemented a Tax