To put into perspective the amount of residential mortgage debt outstanding, it is useful to compare this market to other prominent sources of available debt. Listing the issuer with the largest amount of debt outstanding first, which of the following choices best depicts the relative rank ordering amongst the major sources of outstanding debt in the U.S. as of the end of 2015?

Question

Quizplus · Accepted Answer

According to the Federal Reserve, as of the end of 2015, the rank ordering amongst the major sources of outstanding debt in the U.S. from largest to smallest is: Marketable U.S. government bonds, residential mortgage debt, corporate bonds, and consumer credit. Therefore, Choice B depicting this order is the correct answer.

To Put into Perspective the Amount of Residential Mortgage Debt