Tag Archives: Economics Literacy Test

Economics Literacy Test

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.

Take the test.

As an FYI, the average score for the test’s 404 participants was 45%.

I scored 92.3%.  12 out of 13.