Test Bank for Essentials of Investments – 12th Edition by Zvi Bodie, Alex Kane & Alan J. Marcus

Essentials of Investments 12th Edition by Bodie Ch01
Version 1




1
Answers are located in the second half of this document.
MULTIPLE CHOICE - Choose the one alternative that best completes the statement or
answers the question.
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%



Question Details
Difficulty : 1 Easy
Learning Objective : 01-02 Distinguish between real assets and financial assets.
Accessibility : Keyboard Navigation
Type : Static
Topic : Real Assets versus Financial Assets
Bloom's : Remember
AACSB : Analytical Thinking
Accessibility : Screen Reader Compatible
Gradable : automatic



2)

,Real assets in the economy include all but which one of the following?




A) Land



B) Buildings

C) Consumer durables

D) Common stock



Question Details
Difficulty : 1 Easy
Learning Objective : 01-02 Distinguish between real assets and financial assets.
Accessibility : Keyboard Navigation
Type : Static
Topic : Real Assets versus Financial Assets
Bloom's : Remember
AACSB : Analytical Thinking
Accessibility : Screen Reader Compatible
Gradable : automatic
DOWNLOAD THE Test Bank for Essentials of Investments 12th Edition Bodie
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Essentials of Investments 12th Edition by Bodie Ch01
Version 1




2



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%



Question Details
Learning Objective : 01-02 Distinguish between real assets and financial assets.
Accessibility : Keyboard Navigation
Type : Static
Bloom's : Remember
AACSB : Analytical Thinking
Difficulty : 2 Medium
Topic : Financial Intermediaries
Accessibility : Screen Reader Compatible
Gradable : automatic



4)
According to the Flow of Funds Accounts of the United States, the largest single asset of
U.S. households is _______.




A) mutual fund shares

B) real estate

C) pension reserves

D) corporate equity



Question Details
Learning Objective : 01-02 Distinguish between real assets and financial assets.
Accessibility : Keyboard Navigation

, Type : Static
Topic : Real Assets versus Financial Assets
Bloom's : Remember
AACSB : Analytical Thinking
Difficulty : 2 Medium
Accessibility : Screen Reader Compatible
Gradable : automatic
DOWNLOAD THE Test Bank for Essentials of Investments 12th Edition Bodie
mynursytest.store
Essentials of Investments 12th Edition by Bodie Ch01
Version 1




3



5)
According to the Flow of Funds Accounts of the United States, the largest liability of U.S.
households is _______.




A) mortgages

B) consumer credit

C) bank loans

D) gambling debts



Question Details
Learning Objective : 01-02 Distinguish between real assets and financial assets.
Accessibility : Keyboard Navigation
Type : Static