In 2018, ____________ were the most significant liability of U.S. households in terms of total value.
A) credit cards
B) mortgages
C) bank loans
D) student loans
E) other forms of debt

Question

Quizplus · Accepted Answer

Mortgages have historically been the largest component of household debt in the United States, representing the most significant liability for U.S. households in terms of total value. This is due to the high cost of real estate and the common practice of financing home purchases through long-term loans.

In 2018, ____________ Were the Most Significant Liability of U