When David Palmisano Won the Powerball Lottery,he Could Choose Between

question 71

Multiple Choice

When David Palmisano won the Powerball lottery,he could choose between getting annual installments and taking a lump-sum amount.An economist suggested that David should think about _____

• A)the marginal revenue from the lottery.
• B)the present value of his income stream.
• C)the marginal disutility from the lottery.
• D)the present value of a payment only one year later.
• E)the marginal revenue product of the lottery.

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Definitions:

Milieu Therapy

A form of group therapy that involves creating a therapeutic community among patients, where the social environment is used as a mechanism for change.

Desired Manner

The preferred or intended way of conducting oneself or accomplishing something.

Token Economy Programs

A form of behavior modification that uses tokens as a form of positive reinforcement for desired behaviors, which can be exchanged for rewards.

Legal

Pertaining to the law or the system of rules that are enforced through social or governmental institutions to regulate behavior.