Go to the Federal Reserve Board’s website at www.federalreserve.gov and find the most recent distribution of life insurance industry assets for Table 6–2. Click on “Data.” Click on “Financial Accounts of the United States -Z.1.” Click on “Levels.” This will bring the file (Table L.116) onto your computer that contains the relevant data. How have the values of government securities, corporate securities, mortgages, and policy loans changed since 2017?

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Year 1917 1920 1930 1940 1950 1960 1970 1980 1990 1995 2000 2005 2007 2008 2009 2010 2012 2015 2017 Total Assets Government (billions) Securities $ 5.9 7.3 18.9 30.8 64.0 119.6 207.3 479.2 1,408.2 2,131.9 3,133.9 4.350.7 4,949.7 4.5 15.5 4,749.4 5.176.3 5,561.6 6,230.0 7.183.4 9.6% 18.4 8.0 27.5 25.2 9.9 5.3 6.9 15.0 18.6 9.3 10.6 10.0 11.5 11.5 12.5 11.7 11.0 7.6 Corporate Securities Bonds 33.2% 26.7 26.0 28.1 36.3 39.1 35.3 37.5 41.4 41.4 39.1 44.0 37.6 40.3 40.2 39.2 38.6 37.6 32.9 Stocks 1.4% 1.0 2.8 2.0 3.3 4.2 7.4 9.9 9.1 17.4 31.5 29.2 33.4 24.9 27.2 30.1 30.3 30.9 31.5 Mortgages 34.0% 33.4 40.2 19.4 25.1 34.9 35.9 27.4 19.2 9166NN ON 9.9 599550- Nin 7.5 6.6 6.6 7.6 7.0 6.1 6.2 6.5 7.1 Policy Loans 13.6% 11.7 14.9 10.0 3.8 4.4 7.8 8.6 4.4 4.5 3.2 2.5 2.9 3.6 3.5 2.7 2.6 2.6 1.9 Miscellaneous U.S. Assets 5.2% 6.5 5.2 6.3 4.1 4.4 5.3 6.6 7.8 6.3 9.4 7.1 9.5 12.1 10.6 9.4 10.6 11.4 19.0