American households that have between $100,000 and $250,000 in investable assets are one of the fastest growing segments in the United States and are referred to as
A)the well-to-dos.
B)ultra-prosperous.
C)ultra-rich.
D)the massively wealthy.
E)mass affluent.

Question

Quizplus · Accepted Answer

The term used for American households that have between $100,000 and $250,000 in investable assets is "mass affluent." This segment is referred to as "mass affluent" because they have more wealth than the average person, but they are not considered ultra-rich or massively wealthy.

American Households That Have Between $100,000 and $250,000 in Investable