In 2012, ____________ was the most significant asset of U.S.households in terms of total value.
A)real estate
B)mutual fund shares
C)debt securities
D)life insurance reserves
E)pension reserves

Question

Quizplus · Accepted Answer

According to data from the Federal Reserve, in 2012, real estate was the most significant asset of U.S. households in terms of total value, with a value of $18.2 trillion. This was higher than other assets such as mutual fund shares ($5.0 trillion), debt securities ($3.1 trillion), life insurance reserves ($1.9 trillion), and pension reserves ($17.5 trillion). Therefore, option A is the correct choice.

In 2012, ____________ Was the Most Significant Asset of U