About what percentage of the financial assets of U.S. households are in stock mutual funds?
A)1%
B)2%
C)14%
D)50%

Question

Quizplus · Accepted Answer

According to the Federal Reserve's latest data (as of Q3 2020), around 14% of the financial assets of U.S. households are invested in stock mutual funds. This represents a significant portion of household wealth, but it also means that the majority of Americans still hold a relatively small amount of stock investments.

About What Percentage of the Financial Assets of U