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11. investors require a higher expected rate of return on assets with higher liquidity. True or False 16. Short-term financial goals take longer than one

11. investors require a higher expected rate of return on assets with higher liquidity. True or False

16. Short-term financial goals take longer than one year but less ten years to accomplish. True or False

17. During your retirement years, you will earn more than you spend. True or False

21. A dollar received in the future is worth more than a dollar received today. True or False

24. Credit purchases made for personal need like home mortgages are referred to as consumer credit. True or False

33. A secured loan is not guaranteed by any specific assets put up as collateral. True or False

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