In terms of total value, the most significant liability(ies) of U.S.nonfinancial businesses in 2016 was(were)
A)bank loans.
B)bonds and mortgages.
C)trade debt.
D)other loans.

Question

Quizplus · Accepted Answer

According to the Federal Reserve's Flow of Funds report, bonds and mortgages were the largest liability of U.S. nonfinancial businesses in 2016, with a total value of over $12 trillion. Bank loans, trade debt, and other loans were all significantly smaller liabilities.

In Terms of Total Value, the Most Significant Liability(ies) of U.S.nonfinancial