Crops Still in the Ground and Products in the Process

question 57

True/False

Crops still in the ground and products in the process of being made can be used by Chartered Banks as security.

---

Definitions:

Disposable Income

The fiscal resources available to households for allocation towards saving and spending post income tax adjustments.

Autonomous Consumption

The portion of consumption spending that does not change with changes in income level, reflecting basic consumption needs.

Disposable Income

Disposable income is the amount of money that households or individuals have available for spending and saving after income taxes are accounted for.

Consumption

The use of goods and services by households or individuals, forming part of the aggregate demand in an economy.