Chapter 1:__________
1) The material wealth of a society is a function of
A) all financial assets.
B) all real assets.
C) all financial and real assets.
D) all physical assets.
2) ______ are real assets.
A) Land
B) Machines
C) Stocks and bonds
D) Knowledge
E) Land, machines, and knowledge
3) The means by which individuals hold their claims on real assets in a well-developed
economy are
A) investment assets.
B) depository assets.
C) derivative assets.
D) financial assets.
E) exchange-driven assets.
4) ______ are financial assets.
A) Bonds
B) Machines
C) Stocks
D) Bonds and stocks
E) Bonds, machines, and stocks
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