According to the Permanent-Income Theory, Which of the Following Would

question 16

Multiple Choice

According to the permanent-income theory, which of the following would have the greatest impact on the current consumption of a 45 year-old tenured college professor?

• A)a promotion to full professor combined with a $5,000 raise
• B)a $5,100 advance payment for a book that will take two years to write
• C)winning $5,200 in the Reader's Digest Sweepstakes
• D)a loss of a stamp collection worth $5,400
• E)an inheritance of $5,500 from a distant uncle

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Definitions:

Inferiority Complex

A psychological condition marked by feelings of inadequacy and insecurity, often resulting from perceived or actual inferiority in one aspect of life.

Neurotic Styles

Patterns of thinking, feeling, and behaving that are maladaptive and stem from attempts to deal with anxiety or internal conflicts, often leading to psychological distress.

Freudian Psychoanalysis

This is a therapeutic technique developed by Sigmund Freud that emphasizes exploring unconscious conflicts, desires, and motivations to treat psychological disorders.

Psychodynamic Object Relations

A theory and treatment approach focusing on interpersonal relationships, emphasizing the influence of early family dynamics on mental health.