Test Bank For Essentials Of Investments, 9th Edition
Test Bank For Essentials Of Investments, 9th Edition is an easy-to-use exam guide, packed with the most commonly asked test questions.
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Chapter 01Investments: Background and IssuesMultiple Choice Questions1.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 economyinclude 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.about11%D.about 31%4.According to theFlow of Funds Accounts of the United States,the largest single asset of U.S.households is ___.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 debts
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