In 2018, which of the following financial assets make up the second highest proportion of the financial assets held by U.S. households?
A) Corporate equity
B) Life insurance reserves
C) Mutual fund shares
D) Debt securities
E) Personal trusts
Correct Answer:
Verified
Q8: A fixed-income security pays
A) a fixed level
Q9: In 2018, _ was the least significant
Q10: Money market securities
A) are short term.
B) are
Q11: A debt security pays
A) a fixed level
Q12: In 2018, _ was the most significant
Q14: The value of a derivative security
A) depends
Q15: In 2018, _ were the most significant
Q16: The means by which individuals hold their
Q17: _ are real assets.
A) Land
B) Machines
C) Stocks
Q18: An example of a derivative security is
A)
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