What is the principal asset in the net worth of most American families?
A) bonds
B) businesses
C) homes
D) savings and checking accounts
E) stocks

Question

Quizplus · Accepted Answer

According to the Federal Reserve Board Survey of Consumer Finances, the principal asset in the net worth of most American families is their homes. The median net worth of homeowner families is $231,400, compared to only $5,700 for renter families.

What Is the Principal Asset in the Net Worth of Most