Most U.S. 15-year-olds don’t understand personal finance issues such as taxes, loans or savings, according to an international test of financial literacy.
U.S. students were about average on the Program of International Student Assessment (PISA) assessment. Shanghai-China students showed the most financial savvy, followed Belgium (Flemish), Estonia, Australia, New Zealand, the Czech Republic and Poland.
Students did not do better in countries that teach financial literacy in school.
Sample questions are here. The shares question is “level 3” out of 5.
This graph shows the price of one Rich Rock share over a 12-month period.
Which statements about the graph are true?
|Statement||Is the statement true or false?|
|The best month to buy the shares was September.||
|The share price increased by about 50% over the year.||