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What was the effect on the savings rate of the government stimulus checks issued in 2020 and 2021 in response to the COVID-19 pandemic? Multiple

What was the effect on the savings rate of the government stimulus checks issued in 2020 and 2021 in response to the COVID-19 pandemic? Multiple select question. People were worried about the future, and the savings rate rose. The checks did not affect the savings rate. People felt more secure, spent freely and did not save. People were worried about the future and afraid to save money

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