As of 20, the amount of mortgage-backed securities outstanding was approximately
A)$2.9 trillion.
B)$5.1 trillion.
C)$7.9 trillion.
D)$11.0 trillion.
E)$15.0 trillion.

Name: As of 20, the amount of mortgage-backed securities outstanding was approximately A)$2.9 trillion. B)$5.1 trillion. C)$7.9 trillion. D)$11.0 trillion. E)$15.0 trillion.
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Quizplus · Accepted Answer

According to data from the Federal Reserve, as of 2020, the amount of mortgage-backed securities outstanding was $7.9 trillion. Therefore, the correct answer is C.

As of 20, the Amount of Mortgage-Backed Securities Outstanding Was