Home » Finance for Everyone: Debt » Which of the following statements about financial literacy is true? Which of the following statements about financial literacy is true? 6. Question 6 Which of the following statements about financial literacy is true? 1 point Financial literacy can always be improved no matter what your skill set is You must be a “numbers person” to be financially literate You need to have a strong understanding of accounting to be financially literate It is not necessary for you to be able to create a household budget to be financially literate Most adults are financially literate Other Questions Of This Category Which of the following is true about government debt?Which of the following factors almost always explain most market crashes?Which of the following statements are true concerning borrowing decisions?If a firm has a debt to equity ratio of 50%, its overall debt ratio must be:When a firm is determining its target debt ratio, which of the following is paramount?Considering “Indifference analysis”, which indicates the level of operating income (or earnings before interest and tax, EBIT) where EPS (earnings per share) are equal whether the firm uses debt or…Governments borrow because:Which of the following statements applies to student loans?Which of the following factors influence how much debt a firm should take on?Except for one, all of the following institutions enable other governments to borrow more at a lower cost than they would have on their own:Access to borrow more is not a “free lunch”. This statement implicates which of the following?Miller and Modigliani’s nobel prize winning framework provides all of the following insights, except:What are some of the ways governments who have borrowed too much can resolve this problem?What are some of the signs suggesting that developed countries have borrowed too much money?Information like salaries, interest from savings accounts, and dividends from investments, can be found on which document?