How Smart Are You?
Many people are familiar with the game show on Fox called “Are you Smarter than a 5th Grader” hosted by comedian Jeff Foxworthy. If you have not seen it, check it out sometime to see how you compare to the contestants. I have to confess that the few times I have watched it, there are times that I am definitely not smarter than a 5th grader. Some of the questions are tough! Questions that were equally as tough was the 2008 survey of personal financial literacy among college students. 1,030 full-time college students were given a 31 question survey to see how well they comprehended some of the basics of personal finance. How did they score? The mean score was 62.2%. I came across this survey and what astonished me the most was that of the questions that were answered wrong, they were answered that way among many of the college students. Here’s 6 of the 31 questions of the survey. The answers are provided at the end so you’re on the honor system here. Let’s see how you do……
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