| bh_randomizer | Indicates randomizer behavioral pre-intervention (preloaded from uas378 if R participated in uas378) | randomizer behavioral pre-intervention |
| bh_randomizer_flag | indicates if randomizer was preloaded or not | indicates if randomizer was preloaded or not |
| sc001 | Consider the following scenario: Jack and Jill are twins. At age 20, Jack started contributing $20 a month to a savings account. After 20 years, when he was age 40, he stopped adding to his savings but left the money in the account. Jill didn’t start to save until she was 40. Then, she saved $20 a month until she retired 20 years later at age 60. Suppose both Jack and Jill earned a 6% return each year on their savings. When they both retired at age 60, who had more money? Select one choice. | jack or jill more money in savings account |
| sc002 | Suppose you are a member of a stock investment club. This year, the club has about $200,000 to invest in stocks and the members prefer not to take a lot of risk. Which of the following strategies would you recommend to your fellow members? Select one choice. | which investment strategy recommend |
| sc003 | Rita must choose between two job offers. She wants to select the job paying a salary that will provide her with a higher standard of living for the next few years. Job A offers a 3% raise every year, while Job B won’t give her a raise for the next few years. If Rita chooses Job A, she will live in City A. If Rita chooses Job B, she will live in City B. Rita finds that the price of goods and services today are about the same in both areas. Prices are expected to rise, however, by 4% in City A every year, and stay the same in City B.
| Job | Raise every year | City | Expected increase in prices |
| A | 3% | A | 4% |
| B | Stay the same | B | Stay the same |
Based on her concerns about her standard of living, what should Rita do? Select one:
| job offer choice |
| sc004 | Mary put away $1,000 at age 25 after finishing her Master’s degree and she promised not to touch it for many years. She invested it in a stock mutual fund which had an annual return of 7%. She is now 55 years old. How many times did her initial amount double, since she invested at age 25? Select one choice. | how many times investment amount doubled |
| sc005 | Adele is 50 years old and is discussing three investment opportunities with a friend. She has already put aside a good sum of money and wants to invest it for the next 10 years, after that she will take early retirement and move to Florida. She wants to play it safe, so she could invest in a) a saving account that pays 1% per year, b) a T-bill that pays 1.5% per year, or c) a certificate of deposit that pays 2% per year. The current inflation rate is 2.5% and expected to stay at that level. Her friend tells her that if she invests this way, she will not be able to buy the same things she can afford today with the money she will have in 10 years. Which of the following is correct? | friend wrong or right investment advice |
| sc006 | Imagine that you've been with NewTech Inc. for the past ten years and just got a $5,000 bonus, since the company is doing so well. You’re thinking about investing it in the stock market. You never invested before but want to use this bonus to start saving for retirement. Which should you choose? Select one choice. | how invest bonus |
| sc007 | Compound interest refers to interest earned on the initial amount invested plus accumulated interest. | Compound |
| sc008 | The Rule of 72 is a simple way to estimate how long it takes for your money to double: Simply divide 72 by the interest rate you can earn on the money. | knowledge 2 group 1, Rule of 72 |
| sc009 | It is usually possible to reduce the risk of investing in the stock market by buying a wide range of stocks and shares. | Portfolio |
| sc010 | If the inflation rate was 4% last year, this means that overall prices rose by 4% last year. | Inflation |
| sc011 | An investment with a higher expected return is likely to be lower risk. | Risk Return |
| sc012 | High inflation means that the cost of living is falling rapidly. | Cost of living |
