If a worker gets a large one-time Christmas bonus, most likely the following will occur:
A)an immediate substantial increase in family consumption
B)permanent family income will increase substantially
C)transitory family income will not be affected
D)family saving will increase that year
E)all of the above

Question

Quizplus · Accepted Answer

A large one-time bonus is considered transitory income, which is often saved rather than spent immediately, leading to an increase in family saving for that year.

If a Worker Gets a Large One-Time Christmas Bonus, Most