Question | Overall n = 181 | Females n = 106 | Males n = 75 |
n (%) | n (%) | n (%) | |
Suppose you had $100 in a savings account and the interest rate was 2 percent per year. After 5 years, how much do you think you would have in the account if you left the money to grow? | |||
More than $102 | 166 (91.71) | 97 (91.5) | 69 (92) |
Exactly $102 | 3 (1.66) | 2 (1.9) | 1 (1.3) |
Less than $102 | 5 (2.76) | 2 (1.9) | 3 (4) |
Don’t know | 7 (3.87) | 5 (4.7) | 2 (2.7) |
Imagine that the interest rate on your savings account was 1 percent per year and inflation was 2 percent per year. After 1 year, how much would you be able to buy with the money in this account? | |||
More than today | 7 (3.9) | 3 (2.8) | 4 (5.3) |
Exactly same | 12 (6.6) | 8 (7.6) | 4 (5.3) |
Less than today | 151 (83.4) | 86 (81.1) | 65 (86.7) |
Don’t know | 11 (6.1) | 9 (8.5) | 2 (2.7) |
Is this statement True or False. “Buying a single company’s stock usually provides a safer return than a stock mutual fund.” | |||
True | 17 (9.39) | 12 (11.32) | 5 (6.7) |
False | 164 (90.61) | 94 (88.68) | 70 (93.3) |