Final answer:
In 2014, real assets accounted for approximately 55% of the total asset holdings of American households, with home equity constituting a significant part of these assets according to Federal Reserve data.
Step-by-step explanation:
In 2014, real assets represented approximately 55% of the total asset holdings of American households (option C). Real assets typically include physical assets like real estate, which are tangible and have intrinsic value due to their substance and properties. Financial data from the Federal Reserve suggests that by the end of 2015, the total value of all home equity held by U.S. households was $11.3 trillion, which underscores the significance of real assets in the wealth of American households.
Additionally, wealth distribution data indicates a significant concentration of wealth among the upper echelons of society, with the top 1% of households owning substantial shares of the total wealth.In 2014, real assets represented approximately 48% of the total asset holdings of American households. Real assets include tangible items such as real estate, land, and natural resources. These assets are considered to have intrinsic value and can provide wealth and financial security to individuals and households.