1. According to the Flow of Funds Accounts of the United States, the largest liability of U.S. households is ________.

1. Mortgages
2. Bank loans
3. Gambling debts
4. Consumer credit

2. ________ is a mechanism for mitigating potential agency problems.

1. Directors defending top management
2. All the options
3. Tying income of managers to success of the firm
4. Antitakeover strategies