The (Federal Reserve's) Financial Literacy Test
Their result for The (Federal Reserve's) Financial Literacy Test ...
You answered 20/31 correctly.
The meaning of this score depends heavily on how old you are and how much you've been exposed to money, but if you're a high school senior or beyond, you have had plenty of opportunity to expose yourself to money. Even if you feel this is a good score for someone of your age and background, note well: not only would improving your financial literacy substantially improve the quality of your life and require only a little effort, you have an ethical duty as a human being living in a community to participate competently in the management of those resources you control.
There's an answer key with explanations in my journal, but... don't cheat. You're only cheating yourself.
The other categories were:
Personal Finance Expert
Their Analysis (Vertical line = Average)
They scored 20% on Literacy, higher than 19% of your peers.
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