1-1Copyright©2017McGraw-HillEducation.Allrightsreserved.NoreproductionordistributionwithoutthepriorwrittenconsentofMcGraw-HillEducation.Chapter01TestBank-StaticStudent:___________________________________________________________________________MultipleChoiceQuestions1.ThematerialwealthofasocietyisafunctionofA.allfinancialassets.B.allrealassets.C.allfinancialandrealassets.D.allphysicalassets.2._______arerealassets.A.LandB.MachinesC.StocksandbondsD.KnowledgeE.Land,machines,andknowledge3.Themeansbywhichindividualsholdtheirclaimsonrealassetsinawell-developedeconomyareA.investmentassets.B.depositoryassets.C.derivativeassets.D.financialassets.E.exchange-drivenassets.4._______arefinancialassets.A.BondsB.MachinesC.StocksD.BondsandstocksE.Bonds,machines,andstocks5._________financialasset(s).A.BuildingsareB.LandisaC.DerivativesareD.U.S.agencybondsareE.DerivativesandU.S.agencybondsare6.FinancialassetsA.directlycontributetothecountry'sproductivecapacity.B.indirectlycontributetothecountry'sproductivecapacity.C.contributetothecountry'sproductivecapacity,bothdirectlyandindirectly.D.donotcontributetothecountry'sproductivecapacity,eitherdirectlyorindirectly.E.areofnovaluetoanyone.1-2Copyright©2017McGraw-HillEducation.Allrightsreserved.NoreproductionordistributionwithoutthepriorwrittenconsentofMcGraw-HillEducation.7.In2016,____________wasthemostsignificantrealassetofU.S.householdsintermsoftotalvalue.A.consumerdurablesB.automobilesC.realestateD.mutualfundsharesE.bankloans8.In2016,____________wastheleastsignificantfinancialassetofU.S.householdsintermsoftotalvalue.A.realestateB.mutualfundsharesC.debtsecuritiesD.lifeinsurancereservesE.pensionreserves9.In2016,____________wasthemostsignificantfinancialassetofU.S.householdsintermsoftotalvalue.A.realestateB.mutualfundsharesC.debtsecuritiesD.lifeinsurancereservesE.pensionreserves10.In2016,____________wasthemostsignificantassetofU.S.householdsintermsoftotalvalue.A.realestateB.mutualfundsharesC.debtsecuritiesD.lifeinsurancereservesE.pension...
