1) Financial assets represent _______ of total assets of U.S. households in 2019.
A) about 70%
B) over 90%
C) under 10%
D) about 30%
2) Real assets in the economy include all but which one of the following?
A) Land
B) Buildings
C) Consumer durables
D) Common stock
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3) In 2019, net worth represented _______ of the liabilities and net worth of commercial
banks.
A) about 51%
B) about 91%
C) about 11%
D) about 31%
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