Consumers will spend a higher proportion of a one-time bonus than they would of a permanent salary increase.

Name: Consumers will spend a higher proportion of a one-time bonus than they would of a permanent salary increase.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Consumers are more likely to save a higher proportion of a one-time bonus because it is seen as temporary income, whereas a permanent salary increase is viewed as a stable, ongoing income source, leading to higher spending.

Consumers Will Spend a Higher Proportion of a One-Time Bonus