Financial assets, from the household point of view, serve as which of the following?

Question

Quizplus · Accepted Answer

Financial assets, such as savings accounts or stocks, serve as a store of value for households, allowing them to save money and potentially earn a return on their investment in the future. They may also provide liquidity and flexibility in managing household finances. The other options listed are not accurate descriptions of the purpose of financial assets for households.

Financial Assets, from the Household Point of View, Serve as Which