TRUE OR FALSE??? ANSWER ALL OF THEM OR DO NOT ANSWER ANY OF THEM. WILL GIVE THUMBS UP IF ALL ARE ANSWERED

A sandwich shop, such as Roger's Bakery, would likely have more current assets as a percentage of total assets than would a discount retailer, such as Wal-Mart. Unsecured loans would typically have lower interest rates than secured loans. The U.S. is currently on the gold standard, although it was off the gold standard during Richard Nixon's administration. Fixed/pegged exchange rates, as used in Canada and Brazil, respond quickly to economic conditions and therefore increase exchange-rate risk. Warren Buffet believes in stock splits, as shown by the numerous splits in Berkshire Hathaway Class A stock. A company that keeps current assets at a minimum level is following a flexible policy. If Country A's trade and budget deficits are increasing relative to those of Country B, the currency of Country B would be expected to strengthen relative to that of Country A, all other things being equal. The futures and forward markets originally developed when farmers in the Mid-West desired to lock in grain prices ahead of time to minimize uncertainty. Per the International Country Risk Guide, the U.S. is considered the most risk-free country in which to do business, as measured by a composite of economic, financial, and political factors. Most college students would rack up high points on a credit scoring system, such as FICO. U.S. Gross Domestic Product (GDP) currently exceeds Gross U.S. Federal Debt. Suppose a Big Mac (hamburger) costs the equivalent of $9.00 USD in Denmark, and $1.00 USD in Hong Kong. These facts support the Absolute Purchasing Power Parity theory. During the quarter, the VIX (fear index) and the Dow Jones Industrial Average (DJIA) tended to move inversely to each other (opposite or negative correlation). During the quarter, long-term interest rates (including mortgage rates) increased substantially to multi-year high levels, due to the COVID-19 crisis. A Consumer Confidence Index of 130 reflects below-normal consumer confidence in the economy. If the price of Microsoft stock increased during the quarter, the value of MSFT put options should also increase while the value of MSFT call options should decrease. Speculators use derivative markets to reduce risk while hedgers use derivative markets to increase risk. During the quarter, inflation (as measured by the CPI) increase substantially, due to the reduction of international trade because of the pandemic. A sandwich shop, such as Roger's Bakery, would likely have more current assets as a percentage of total assets than would a discount retailer, such as Wal-Mart. Unsecured loans would typically have lower interest rates than secured loans. The U.S. is currently on the gold standard, although it was off the gold standard during Richard Nixon's administration. Fixed/pegged exchange rates, as used in Canada and Brazil, respond quickly to economic conditions and therefore increase exchange-rate risk. Warren Buffet believes in stock splits, as shown by the numerous splits in Berkshire Hathaway Class A stock. A company that keeps current assets at a minimum level is following a flexible policy. If Country A's trade and budget deficits are increasing relative to those of Country B, the currency of Country B would be expected to strengthen relative to that of Country A, all other things being equal. The futures and forward markets originally developed when farmers in the Mid-West desired to lock in grain prices ahead of time to minimize uncertainty. Per the International Country Risk Guide, the U.S. is considered the most risk-free country in which to do business, as measured by a composite of economic, financial, and political factors. Most college students would rack up high points on a credit scoring system, such as FICO. U.S. Gross Domestic Product (GDP) currently exceeds Gross U.S. Federal Debt. Suppose a Big Mac (hamburger) costs the equivalent of $9.00 USD in Denmark, and $1.00 USD in Hong Kong. These facts support the Absolute Purchasing Power Parity theory. During the quarter, the VIX (fear index) and the Dow Jones Industrial Average (DJIA) tended to move inversely to each other (opposite or negative correlation). During the quarter, long-term interest rates (including mortgage rates) increased substantially to multi-year high levels, due to the COVID-19 crisis. A Consumer Confidence Index of 130 reflects below-normal consumer confidence in the economy. If the price of Microsoft stock increased during the quarter, the value of MSFT put options should also increase while the value of MSFT call options should decrease. Speculators use derivative markets to reduce risk while hedgers use derivative markets to increase risk. During the quarter, inflation (as measured by the CPI) increase substantially, due to the reduction of international trade because of the pandemic