In 2016, ____________ Was the Most Significant Real Asset of U.S

question 34

Multiple Choice

In 2016, ____________ was the most significant real asset of U.S. households in terms of total value.

• A) consumer durables
• B) automobiles
• C) real estate
• D) mutual fund shares
• E) bank loans

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Definitions:

Memorization Technique

A method or strategy used to enhance the ability to remember information.

Memory Skills

Techniques and methods used to improve the ability to retain and recall information.

Mnemonic Devices

Tools that help people remember information through patterns of letters, ideas, or associations.

Economics

The social science that studies how individuals, governments, firms, and nations make choices on allocating scarce resources to satisfy their unlimited wants.