____________ is 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
E)none of the above

Question

Quizplus · Accepted Answer

The definition given is of financial assets, which include money, debt instruments, equity securities, and other financial contracts that are backed by real assets and earning abilities of issuers. Real assets refer to physical assets such as land, buildings, and equipment, while government investments refer to securities issued by the government. Neither of these is a comprehensive definition that fits the given description, making option A the best choice.

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