A Family's Ability to Buy Goods and Services Depends Largely

A family's ability to buy goods and services depends largely on its

A) permanent income, which is its normal, or average, income.
B) permanent income, which is the lowest annual income the family has received over a 10-year period.
C) transitory income, which is the measure of income used by the government to analyze the distribution of income and the poverty rate.
D) transitory income, which is its money income plus any in-kind transfers it receives.