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The massive stimulus checks sent out by the U.S. government in 2020 in an attempt to fight off the economic effects of the pandemic generated

The massive stimulus checks sent out by the U.S. government in 2020 in an attempt to fight off the economic effects of the pandemic

generated a large increase in disposable income and saving.

increased disposable income but reduced saving.

reduced disposable income but increased saving.

decreased disposable income and saving.

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