5. How would you expect the Economic Stimulus Act of 2008 to affect the actual budget (as...

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5. How would you expect the Economic Stimulus Act of 2008 to affect the actual budget (as a percentage of GDP) and the standardized budget? The main feature of the act was a onetime tax rebate to households. How would the actual and standardized budgets be affected if those rebates became permanent tax policy and were distributed annually? LO1

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