menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Money the Financial System
  4. Exam
    Exam 5: The Theory of Portfolio Allocation
  5. Question
    Necessity Assets Are Assets
Solved

Necessity Assets Are Assets

Question 18

Question 18

Multiple Choice

Necessity assets are assets


A) used by savers to conduct regular transactions.
B) with wealth elasticities of greater than 1.
C) held by savers for investment.
D) not subject to federal income tax.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q13: The theory of portfolio allocation describes<br>A)why savers

Q14: Necessity assets are assets<br>A)with wealth elasticities of

Q15: The "equity premium" refers to<br>A)the exemption of

Q16: Suppose that when your wealth increases from

Q17: Which of the following assets made up

Q19: Acme Gold Mining, Inc. discovers a huge

Q20: The theory of portfolio selection leads to

Q21: In making investment decisions, savers evaluate<br>A)the variability

Q22: Which of the following assets has the

Q23: If General Auto and Crystal Auto have

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines