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Consider the following situations in 2023 : i. Jo won a $5 million lottery prize in 2023 ii. Jo's mom decided to give her $1000

Consider the following situations in 2023 :\ i. Jo won a

$5

million lottery prize in 2023\ ii. Jo's mom decided to give her

$1000

as a surprise birthday gift this year, given it was her 21 st\ iii. Every year, Jo expects her dad to give her

$1000

as her birthday gift\ Which of these situations will produce a change in her consumption in 2023 if she is a consumption smoother?\ a. (i) and (ii)\ b. (i) and (iil)\ c. (ii) and (iii)\ d. All of them\ e. None of the above

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32. Consider the following situations in 2023 : i. Jo won a $5 million lottery prize in 2023 ii. Jo's mom decided to give her $1000 as a surprise birthday gift this year, given it was her 21 st iii. Every year, Jo expects her dad to give her $1000 as her birthday gift Which of these situations will produce a change in her consumption in 2023 if she is a consumption smoother? a. (i) and (ii) b. (i) and (iil) c. (ii) and (iii) d. All of them e. None of the above

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