Test your financial literacy skills - will you score better than the US average of 3 out of 7 correct answers?

Try the 7 questions below about basic finance that most adults should be able to answer correctly because they are about everyday matters involving finance and money.

Possible answers for each question are in red, and only one of these is correct.

You might need a basic calculator to answer some.

The quiz was prepared by FINRA (a USA financial markets regulator).  The actual average across the many US states was 3.2 out of 7.