In 2016, ____________ was(were) the most significant real asset(s) of U.S.nonfinancial businesses in terms of total value.
A)equipment and software
B)inventory
C)real estate
D)trade credit

Question

Quizplus · Accepted Answer

According to the Federal Reserve's Flow of Funds report for 2016, real estate was the largest component of nonfinancial business assets, accounting for 45% of the total. Equipment and software was the second largest at 26%, followed by inventory at 13%, and trade credit at 2%. Therefore, real estate was the most significant real asset for U.S. nonfinancial businesses in 2016.

In 2016, ____________ Was(were) the Most Significant Real Asset(s) of U.S.nonfinancial