____________ are money, debt instruments, equity securities, and other financial contracts that are backed by real assets and the earning abilities of issuers.
A) financial assets
B) real assets
C) government investments
D) all of the above

Question

Quizplus · Accepted Answer

The definition provided in the question matches that of financial assets, which include various types of contracts and securities that have real assets and earnings as their underlying backing. Real assets are physical assets such as land, buildings, machinery, etc. Government investments are a particular type of financial asset but not all financial assets are government investments. Therefore, the best choice is A) financial assets.

____________ Are Money, Debt Instruments, Equity Securities, and Other Financial