Question: Need the answer asap! According to the life-cycle theory and permanent income theory, which person would spend a smaller percentage of his or her winnings

Need the answer asap!

According to the life-cycle theory and permanent income theory, which person would spend a smaller percentage of his or her winnings during the first year? A. A person who won a one-time jackpot of $10,000 O B. They would all be expected to spend the same share of their winnings during the first year. C. A person who won $1,000 a month for life D. A person who won $5,000 a year for 10 years O E. This answer can't be determined based on the information provided here

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