What category must the government’s own resources in an investment pool be reported under?

The government’s own resources in an investment pool must be reported as assets in each participating fund because this treatment accurately reflects ownership and accountability within the funds involved. When a government entity participates in an investment pool, it needs to account for its share of the assets in such a way that each participating fund can access and utilize its portion of the pooled resources.

By reporting these resources as assets, the government ensures transparency in its financial statements, allowing stakeholders to understand the true nature of the fund's holdings. This approach provides a clear representation of how much each fund may leverage from the investment pool, enhancing the overall clarity of financial reporting.

In contrast, other categorizations such as agency funds or liabilities would not appropriately recognize the nature of the government’s investment and its ownership share in the pool. Agency funds typically reflect money held on behalf of others and do not belong to the government itself, while liabilities would suggest an obligation rather than an asset owned by the funds in question. Thus, classifying the government’s resources as assets in each participating fund aligns with proper accounting principles and promotes an accurate depiction of financial resources.