How Economically Literate Are You?

As I said before in an earlier post of a political identity quiz, I’m a sucker for quizzes.  Here’s one from the Federal Reserve Bank of Minneapolis.  It’s a 13-question quiz to find out how much you know about economics.


The national results of the quiz show that for 9 of the 13 questions, fewer than half the respondents selected the correct answer.

Here’s the quiz.

I scored 12 out of 13.  The only reason I didn’t have a perfect score is because I didn’t read the question about inflation correctly.  My brain was playing games with me.

Question: How much do you know about economics?  You can leave your comments by clicking here.