Question
True or false question Put yourself in the position of a financial planner and based on what has been discussed in the lectures and/or textbook,
True or false question
Put yourself in the position of a financial planner and based on what has been discussed in the lectures and/or textbook, please answer the following true/false questions or statements. Each question carries two marks. Put "TRUE" for true and"FALS" for false in the answer book with the corresponding question number (letter)
f. The discount rate of an individual increases, on average, when the financial environment for investors becomes more risky
g. Majority of investment banks and mutual funds are depositary financial institutions.
h. Your classmate posted on Canvass the news that: "China's Central Bank lowered some interest rates recently". That government policy on deciding on interest rates is known as fiscal policy.
i. DOW Jones and Nikkei 225 are major international financial institutions
j. Liquidity for the balance sheet purposes is an equivalent of the net worth of an individual.
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