Financial education is essential, yet on average, adults scored 57 percent on basic economic knowledge, according to the "Standards in Economics Survey" conducted in 1999 for the National Council on Economic Education. The Community Affairs Department at the Federal Reserve Bank of Cleveland surveyed financial institutions and community…

This results manual is the third part of the Consumer Skills Kit which also includes a set of items and a guide (see note). Data from surveys conducted by the National Assessment of Educational Progress (NAEP) to investigate seventeen-year-old students' consumer skills is provided. The manual presents national results for seventeen-year-old…

This document reports some of the findings of a national assessment of seventeen-year-olds on consumer knowledge, skills, and attitudes. An introduction describes the development of the survey, the probability sample, the administration of the assessment, and the format for reporting the results. Chapter 1 of five chapters summarizes the responses…