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Which of the following is a blatant example of the House Money Effect? Dave is playing PLO at the Aria in Las Vegas, Nevada and

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Which of the following is a blatant example of the "House Money Effect? Dave is playing PLO at the Aria in Las Vegas, Nevada and goes on a rush gaining $10,000 quickly. He decides to go gamble the $10.000 on roulette because it's the house's money anyway, hoping to double it in $20,000. Jack is playing PLO at the Aria in Las Vegas, Nevada and yoes on a rush gaining 51.000 quickly. He decides to be peuident and pay for his weekend Vegas trip by quicky exiting the table and cashing out the $1,000. He tips the dealer $50 as he leaves. Wendy purchases 1,000 shares of Chipolle (CMG) and the stock quickly increases in value from $900 to $1,100 a share. She rebalances her large portfolio as she always does on the 1st of the next month, changing her weight in Chipolleto 1% or portfolio value the same as every other stock she holds Jackie only purchases Vanguard ETFs for her investment portfolio She uses the dividends paid from the ETFs for money to fund fun items and luxury purchases, like travel, clothing, and manicures

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