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:

Male

Referring to the sex that produces small, mobile gametes, typically associated with masculine characteristics in species with sexual differentiation.

Skin Pigmentation

The coloring of a person's skin caused by the amount and type of melanin produced by the skin cells, influencing factors like skin tone and color.

Iron Deposits

Accumulations of iron in the body, which can indicate conditions such as hemochromatosis or be a result of repeated blood transfusions.