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Chapter 1:__________
1) Financial assets represent _______ of total assets of U.S. households in 2019.
A) about 70%
B) over 90%
C) under 10%
D) about 30%
2) Real assets in the economy include all but which one of the following?
A) Land
B) Buildings
C) Consumer durables
D) Common stock
3) In 2019, net worth represented _______ of the liabilities and net worth of commercial banks.
A) about 51%
B) about 91%
C) about 11%
D) about 31%
4) According to the Flow of Funds Accounts of the United States, the largest single asset of U.S.
households is _______.
A) mutual fund shares
B) real estate
C) pension reserves
D) corporate equity
5) According to the Flow of Funds Accounts of the United States, the largest liability of U.S.
households is _______.
A) mortgages
B) consumer credit
Essentials of Investments, 12e Zvi Bodie, Alex Kane, Alan Marcus All Chapters, Original , Answers At The End Of Each Chapter Complete And Study material 609pages LEARNEXAMS
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