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| Variable | Question text | Label |
|---|---|---|
| bk101_repeat | Suppose you had $100 in a savings account and the interest rate was 2% per year. After 5 years, how much do you think you would have in the account if you left the money to grow? | repeat how much after 5 years 2% interest |
| bk102_repeat | Imagine that the interest rate on your savings account was 1% per year and inflation was 2% per year. After 1 year, how much would you be able to buy with the money in this account? | repeat how much after 1 year 2% inflation |
| bk103_repeat | If interest rates rise, what will typically happen to bond prices? | repeat what happens bond pricess if interest rates rise |
| bk104_repeat | A 15-year mortgage typically requires higher monthly payments than a 30-year mortgage, but the total interest paid over the life of the loan will be less. | repeat 15 year mortgage higher payments than 30 year but lower interest paid |
| bk105_repeat | Buying a single company's stock usually provides a safer return than a stock mutual fund. | repeat buying single company stock safer return than stock mutual fund |