Are you smarter than a high-school senior when it comes to finances? About 7,000 high-school seniors in 40 states who recently took a financial-literacy...

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Are you smarter than a high-school senior when it comes to finances?

About 7,000 high-school seniors in 40 states who recently took a financial-literacy survey could answer only 48.3 percent of the questions correctly, on average, compared with about 52.4 percent in 2006.

“Parents — in fact, all adult consumers — should be able to do better on the test, but we are aware that as a nation, we generally do not know enough about personal finance,” says Laura Levine, executive director of the Jump$tart Coalition, which counts the Federal Reserve among its members.

The group promotes financial literacy among school-age students and conducts the survey every two years.

Some sample questions and answers are below: