The "Empty Nest" Is Most Likely to Occur for Parents

question 111

Multiple Choice

The "empty nest" is most likely to occur for parents in

• A) adolescence.
• B) young adulthood.
• C) middle age.
• D) old age.

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Definitions:

FNMA

The Federal National Mortgage Association, known as Fannie Mae, a government-sponsored enterprise that provides liquidity to the mortgage market.

FHLMC

The Federal Home Loan Mortgage Corporation, commonly known as Freddie Mac, is a public government-sponsored enterprise (GSE) that specializes in secondary mortgage markets by purchasing mortgages and securitizing them.

Financial Asset(s)

Financial assets refer to any assets that are cash, an ownership interest in an entity, or a contractual right to receive or deliver cash or another financial instrument.