Table A1 Distribution of how respondents... | Emerald Publishing

Table A1

Distribution of how respondents answered the financial literacy questions

	Numeracy	Inflation	Compounding 1	Compounding 2	Diversification
Correct	0.4695	0.4255	0.5560	0.5754	0.5006
Incorrect	0.4344	0.4731	0.3372	0.3123	0.3790
Don't know	0.0876	0.0979	0.1016	0.1088	0.1139
Refused	0.0082	0.0034	0.0050	0.0033	0.0062

	Numeracy	Inflation	Compounding 1	Compounding 2	Diversification
Correct	0.4695	0.4255	0.5560	0.5754	0.5006
Incorrect	0.4344	0.4731	0.3372	0.3123	0.3790
Don't know	0.0876	0.0979	0.1016	0.1088	0.1139
Refused	0.0082	0.0034	0.0050	0.0033	0.0062