Table 2.
The questions about financial knowledge and financial behavior to examine the financial literacy of the respondents.
Dimensions | Questions |
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Financial knowledge | What is your degree of concern for economic and financial information? 1. Extremely concerned 2. Very concerned 3. Generally concerned 4. Seldomly concerned 5. Not at all |
Given a 4% interest rate, how much would you have in total after 1 year if you have 100 yuan deposited? 1. Under 104 2. 104 3. Over 104 4. Cannot figure out |
|
With an interest rate of 5% and an inflation rate of 3%, the staff you buy with the money you have saved in the bank for 1 year is? 1. More than last year 2. The same as last year 3. Less than last year 4. Cannot figure out |
|
Financial behavior | Which of the choice below do you want to invest most if you have adequate money? 1. Project with high-risk and high-return 2. Project with slightly high-risk and slightly high-return 3. Project with average risk and return 4. Project with slight risk and return 5. Unwilling to carry any risk 6. No idea |