If Claudette gets a permanent increase in her income of $1000 per year, she saves an extra
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Question:
If Claudette gets a permanent increase in her income of $1000 per year, she saves an extra $200 this year and consumes an extra $800 this year. If the increase in income had been temporary instead of permanent, she would have saved ________ of the extra income.
A. exactly $200
B. less than $200
C. more than $200
D. none
The answer is C, but I don't know how to solve it. Could you help me, please?
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