Financially Faulty
11/20/2015 |
The Friday File: Based on answers given by 150,000 adults in 148 countries on a five-question multiple choice financial literacy test that included questions on inflation, interest rates, and investing and that always had a correct answer, the US came in 14th with a score of 57%. Norway, Denmark and Sweden were tied for first at 71% and Israel and Canada tied for fourth with a score of 68%.