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Type: Discussion • Score: 9 • Views: 2,332 • Replies: 16

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@bobsal u1553115,

11/12 for me. I don't think they gave me credit for those gender and age questions, but I'm pretty sure I got them right.

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I got 9/12, but then I am a foreigner. These were my wrong answers:

1. What is the federal minimum wage today?

You answered "$10.50"

The correct answer is "$7.25"

2. What is the industry that has primarily contributed to the recent economic boom in the state of North Dakota?

You answered "Soybeans"

The correct answer is "Oil"

3. Who is the current chair of the U.S. Federal Reserve Board?

You answered "Sonia Sotomayor"

The correct answer is "Janet Yellen"

1 Reply

@contrex,

I'm a foreigner too and I got 10/12. These are the ones I got wrong.

1.On which of these activities does the U.S. government currently spend the most money?

You answered "Interest on the national debt"

The correct answer is "Social Security"

2.Who is the current chair of the U.S. Federal Reserve Board?

You answered "Alan Greenspan"

The correct answer is "Janet Yellen"

2 Replies

@izzythepush,

Izzythepush wrote:

1.On which of these activities does the U.S. government currently spend the most money?

You answered "Interest on the national debt"

The correct answer is "Social Security"

I got that one wrong too..

3 Replies

@timur,

Same here.

1 Reply

@timur,

I got the Social Security right. I missed the North Dakota question.

0 Replies

@engineer,

That made me search about interest on debt: National debt

0 Replies

@timur,

timur wrote:

Izzythepush wrote:
1.On which of these activities does the U.S. government currently spend the most money?

You answered "Interest on the national debt"

The correct answer is "Social Security"

I got that one wrong too..

I think the test is wrong (or at least ambiguous) on that one.

Social Security pays for itself...money does not come out of general revenue dollars for it. It really should not be called "spending."

Interest on the national debt is spending.

Obviously, I got it wrong also.

1 Reply

@Frank Apisa,

I thought it was a great question! (I wonder why.)

(On the other hand maybe the North Dakota question was unfair... don't they make oil out of soybeans?)

0 Replies

@bobsal u1553115,

I got 12/12!

http://www.pewresearch.org/quiz/the-news-iq-quiz/results/

1 Reply

@izzythepush,

I got the debt one wrong, too. But its a trick question, SSI is a fund that isn't supplemented and shouldn't be the same as a debt.

0 Replies

@Baldimo,

how do you get those right and miss so much about they mean???????

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@bobsal u1553115,

Quote:

You answered 12 of 12 questions correctly.

I'm a good guesser.

0 Replies

100% here.

That Americans are ill informed about global news and economic reality comes as no shock to me.

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@bobsal u1553115,

I got 12 out of 12 but I thought was really interesting was that you are more likely to answer correctly if you are male, college graduate and over 50. Unless it's a about the minimum wage or poverty levels. Quite telling actually.

1 Reply

@hingehead,

Don't know what to make of it, except education an maturity seldom hurts a situation.

0 Replies

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