2 True or False - Review Questions In each of the following statements, identify whether or not each statement is true or false and write a brief explanation (one-two line at most) to support your argument. All credits will be given to the explanations. 1. GDP fluctuations in an economy is considered a non-systematic risk that is reflected in the total volatility of financial assets. 2. The assumptions of rationality and perfect informations in CAPM imply that financial markets are efficient. 3. The efficient markets hypothesis means that at any point time the demand must be equal to the supply of financial assets. 4. If the beta coefficient of an asset is zero, then the asset is free from non-systematic risk