Test Bank For Essentials of Investments, 8th Edition
Test Bank For Essentials of Investments, 8th Edition ensures you’re prepared with expertly crafted questions and solutions.
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ch01Student: ___________________________________________________________________________1.Financial assets represent _____ of total assets of U.S. households.A. over 60%B. over 90%C. under 10%D. about 30%2.Real assets in the economy include all but which one of the following?A. LandB. BuildingsC. Consumer durablesD. Common stock3.Net worth represents _____ of the liabilities and net worth of commercial banks.A. about 51%B. about 91%C. about 11%D. about 31%4.According to theFlow of Funds Accounts of the United States,the largest single asset of U.S. householdsis ___.A. mutual fund sharesB. real estateC. pension reservesD. corporate equity5.According to theFlow of Funds Accounts of the United States,the largest liability of U.S. households is________.A. mortgagesB. consumer creditC. bank loansD. gambling debts6.____ isnota derivative security.A. A share of common stockB. A call optionC. A futures contractD. None of these options (All of the answers are derivative securities.)7.According to theFlow of Funds Accounts of the United States,the largest financial asset of U.S.households is ____.A. mutual fund sharesB. corporate equityC. pension reservesD. personal trusts
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