Which One of the Following Statements Is Correct Regarding Equipment

question 54

Multiple Choice

Which one of the following statements is correct regarding equipment trust certificates (ETCs) ?

• A) The trust fund issuing the ETCs leases equipment from manufacturers and then re-leases the equipment to transportation firms.
• B) ETCs are used principally to finance the daily operations of large equipment manufacturers.
• C) ETC holders receive dividend payments derived from lease payments received by the trust fund.
• D) ETCs are all issued as senior notes.
• E) ETCs generally have an unlimited life.

Differentiate between various classes of medications and their intended uses.

Grasp the basic concepts of pharmacodynamics and how drugs affect the body.

Recognize the significance of first-line treatment agents in the management of conditions.

Understand the neurochemical basis of specific types of cravings and behaviors.

---

Definitions:

Autonomous Consumption

Autonomous consumption is the level of consumption that occurs when income levels are zero, reflecting the basic level of consumption that is needed for survival.

Disposable Income

Post-tax disposable income that households can allocate for spending and saving.

Saving

The process of setting aside a portion of current income for future use, either by depositing the money in a bank or investing in various financial assets.

Disposable Income

The amount of income left for spending or saving after taxes and other deductions have been subtracted.