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Study: Two Out of Three Adults Financially Illiterate

Two out of three adults worldwide are financially illiterate, according to a report published Wednesday. The 2014 Gallup survey of 150,000 people in 148 nations asked people to answer questions about risk, inflation, and compound interest. Researchers from the World Bank and Georgetown University analyzed the data, and found most people got at least half the answers wrong. Men generally got slightly better test scores than women. Respondents in Scandinavian nations were the best in...

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