The (Federal Reserve's) Financial Literacy Test

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2. This test is copied from a quiz that the Federal Reserve used in 2008 to measure financial literacy in high school seniors. It's very well thought out, and will tell you whether you have a good handle on some very important knowledge regarding personal finance.
   
   There's an answer key with explanations in my journal, but... don't cheat. You're only cheating yourself.
   
   I believe this quiz to be public domain, but if you are affiliated with the Federal Reserve and I have somehow posted it in violation of any intellectual property restriction, please describe your affiliation and the nature of the violation, and I'll remove it as promptly as I'm able.

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