Mark Perry over at Carpe Diem continues to deliver the goods. The most recent is his post where he links to an Economics Literacy Test. This is a test administered in 1998 by the Minneapolis Federal Reserve. There are 13 questions on the test. Each question is multiple choice.
I took the test and finished in nearly 5 minutes; maybe a little more.
As an FYI, the average score for the test’s 404 participants was 45%.
I scored 92.3%. 12 out of 13.