For This Question,ignore Tax Considerations of Each of the Following

question 5

Multiple Choice

For this question,ignore tax considerations of each of the following.Assume that consumption decisions are made according to the permanent income theory.Which of the following would lead to the smallest increase in current consumption?

• A)winning $10,000 in the lottery
• B)inheriting $10,000 from a relative
• C)obtaining $10,000 by winning a lawsuit
• D)getting a one-time $10,000 bonus from your employer
• E) all of the above

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Definitions:

OB Anchors

Represents the foundational principles or assumptions that guide the study and practice of organizational behavior, including the importance of evidence-based management and the recognition of individual differences.

Theory Development

The process of systematically formulating and organizing ideas to understand a particular phenomenon, often leading to hypothesis testing and further research.

Ethnic Group

A community of people who share cultural traditions, language, or heritage, often distinguishing them from other groups.

Workforce Diversity

This refers to the inclusion of individuals with a broad range of characteristics, such as race, gender, ethnicity, age, sexual orientation, and physical abilities, within a workplace.