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:

Sensory Functions

The abilities of the sensory systems to receive and process stimuli from the environment.

Axon

The part of a neuron that transmits impulses to glands, muscles, or other neurons.

Neuron's Nucleus

The central part of a neuron where genetic material is stored and processed.

Axon

A long, slender projection of a nerve cell, or neuron, that typically conducts electrical impulses away from the neuron's cell body.