Which of the Following Assets Made Up the Largest Fraction

question 50

Multiple Choice

Which of the following assets made up the largest fraction of the portfolios of U.S. households in 2006?

• A)Pension reserves
• B)Equities
• C)Mortgages
• D)U.S. government securities

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Definitions:

Socioculturalist

An individual or approach that emphasizes the influence of social and cultural factors on human behavior and cognitive functions.

Minority Groups

Social groups that are differentiated from the societal majority, and may be marginalized, discriminated against, or hold less power.

Business Development

The process of creating long-term value for an organization from customers, markets, and relationships.

Sociocultural Approach

A perspective emphasizing the impact of social interaction and cultural determinants on human behavior and mental processes.