Which of the following is an example of a transitory change in income

Question

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Transitory change in income refers to a temporary change in income that is not expected to continue in the future. Option A is a permanent change in income, as it is an annual adjustment to the salary. Option B is also a permanent change in income that results from a job promotion, which is linked to education and skill development. Option D is also a permanent change in income, as it results from a worker moving to take a better job, which is likely to offer higher pay in the long-term. Option C, however, is a temporary change in income resulting from freezing rain damage to maple syrup producers. This event is unexpected and is not likely to continue in future years, making it a transitory change in income.

Which of the Following Is an Example of a Transitory