According to the permanent-income hypothesis, how does your consumption change in each of the following scenarios? to keep things simple, suppose the interest rate is 10% and you will live forever. feel free to give answers that involve approximations.

b) you receive an unexpected promotion today that raises your income permanently by $5,000 per year.

c) to balance its budget, the government levies a onetime tax this year that costs you $10,000.

d) you win a lottery, which pays you a onetime amount of $10 million today.

e) you win a different lottery, which pays you a onetime amount of $10 million, but the payment is made 5 years from now.

in 2001, dell computer became the world’s largest personal computer vendor, continuing to

gain market share and post profits in an industry struggling with slumping sales and billions of

dollars in losses. dell sells 90% of its pcs directly to the final customer, largely bypassing the

reseller channel that accounts for most of the world’s pc sales. this direct customer relationship

is the key to dell’s business model, and provides distinct advantages over the indirect sales

model. dell’s direct relationship with the customer allows it to tailor its offerings to customer

needs, offer add-on products and services, and use the internet to offer a variety of customer

services. in addition, dell’s pcs are built to customers’ specifications upon receipt of an order,

giving dell additional advantages over indirect pc vendors who must try to forecast demand and

ship products based on those forecasts. dell’s direct sales and build-to-order model has achieved

superior performance in the pc industry in terms of inventory turnover, reduced overhead, cash

conversion, and return on investment (kraemer, et al., 2000).

explanation:

i think the answer would be b hope this

the specific actions take by the fed. what the fed was attempting to do by taking these actions. the result of the actions taken by the fed