bk101 (how much after 5 years 2% interest)
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?
1 More than $102
2 Exactly $102
3 Less than $102
4 Don't know
5 Prefer not to say
bk102 (how much after 1 year 2% inflation)
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?
1 More than today
2 Exactly the same
3 Less than today
4 Don't know
5 Prefer not to say
bk103 (what happens bond pricess if interest rates rise)
If interest rates rise, what will typically happen to bond prices?
1 They will rise
2 They will fall
3 They will stay the same
4 There is no relationship between bond prices and the interest rate
5 Don't know
6 Prefer not to say
bk104 (15 year mortgage higher payments than 30 year but lower interest paid)
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.
1 True
2 False
3 Don't know
4 Prefer not to say
bk105 (buying single company stock safer return than stock mutual fund)
Buying a single company's stock usually provides a safer return than a stock mutual fund.
1 True
2 False
3 Don't know
4 Prefer not to say
attention_check (attention check)
We would like to get a sense of your general preferences.
Most modern theories of decision making recognize that decisions do not take place in a vacuum. Individual preferences and knowledge, along with situational variables can greatly impact the decision process. To demonstrate that you've read this much, just go ahead and select both red and green among the alternatives below, no matter what your favorite color is. Yes, ignore the question below and select both of those options.
What is your favorite color? Check all that apply.
1 White
2 Black
3 Green
4 Blue
5 Red
6 Pink
7 Other
bk201 (which changes most improve ability to test ear infection medication)
A scientist is conducting a study to determine how well a new medication treats ear infections. The scientist tells the participants to put 10 drops in their infected ear each day. After two weeks, all participants’ ear infections had healed. No one who used the ear drops experienced any side effects. Which of the following changes to the design of this study would most improve the ability to test if the new medication effectively treats ear infections?
1 Create a second group of participants with ear infections who do not use any ear drops
2 Create a second group of participants with ear infections who use 15 drops a day
3 Have participants use ear drops for only 1 week
4 Have participants put ear drops in both their infected ear and healthy ear
5 Don't know
6 Prefer not to say
bk202 (travel speed car in 45 minutes)
A car travels at a constant speed of 40 miles per hour. How far does the car travel in 45 minutes?
1 30 miles
2 25 miles
3 35 miles
4 40 miles
5 Don't know
6 Prefer not to say
bk203 (current Chief Justice of the United States)
Who is the current Chief Justice of the United States?
1 Amy Coney Barrett
2 John Roberts
3 Clarence Thomas
4 Ketanji Brown Jackson
5 Don't know
6 Prefer not to say
bk204 (USMCA replaces what trade agreement)
The United States – Mexico – Canada Agreement (USMCA) is a trade agreement that replaces which previous trade agreement?
1 NAFTA
2 AUKUS
3 KORUS
4 IMF
5 Don't know
6 Prefer not to say
bk205 (what means if site is using cookies)
If a website is using cookies, it means that the site…
1 Can see the content of all the files on the device you are using
2 Is not a risk to infect your device with a computer virus
3 Will automatically prompt you to update your web browser software if it is out of date
4 Can track your visits and activity on the site
5 Don't know
6 Prefer not to say
Group of questions presented on the same screen
math_check (math check)
1/3 * 54 =
1 Answer:
2 Don't know
3 Prefer not to say
math_check_answer (math check answer)
1/3 times 54 is:
STRING
End of group of questions
if bk101 = 4 OR bk102 = 4 OR bk103 = 5 OR bk104 = 3 OR bk105 = 3 then
repeat_intro
We are going to repeat a few questions for which you answered "Don’t Know." This time, please give us your best guess.
if bk101 = 4 then
bk101_repeat (repeat how much after 5 years 2% interest)
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?
1 More than $102
2 Exactly $102
3 Less than $102
5 Prefer not to say
End of if
if bk102 = 4 then
bk102_repeat (repeat how much after 1 year 2% inflation)
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?
1 More than $102
2 Exactly $102
3 Less than $102
5 Prefer not to say
End of if
if bk103 = 5 then
bk103_repeat (repeat what happens bond pricess if interest rates rise)
If interest rates rise, what will typically happen to bond prices?
1 They will rise
2 They will fall
3 They will stay the same
4 There is no relationship between bond prices and the interest rate
6 Prefer not to say
End of if
if bk104 = 3 then
bk104_repeat (repeat 15 year mortgage higher payments than 30 year but lower interest paid)
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.
1 True
2 False
4 Prefer not to say
End of if
if bk105 = 3 then
bk105_repeat (repeat buying single company stock safer return than stock mutual fund)
Buying a single company's stock usually provides a safer return than a stock mutual fund.
1 True
2 False
4 Prefer not to say
End of if
End of if