In terms of total value, the most significant liability(ies) of U.S. nonfinancial businesses in 2016 was(were)
A) bank loans.
B) bonds and mortgages.
C) trade debt.
D) other loans.
E) marketable securities.

Question

Quizplus · Accepted Answer

According to the Federal Reserve, in 2016 the total value of liabilities for U.S. nonfinancial businesses was $14.3 trillion, with bonds and mortgages accounting for the largest portion of this amount at $9.2 trillion.

In Terms of Total Value, the Most Significant Liability(ies) of U.S