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Research in Economic Education

A Report on the Economic Literacy of Adults

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Pages 203-210 | Published online: 10 Jul 2014
 

Abstract

Test of Economic Literacy (TEL) scores from a sample of 942 adults are analyzed in terms of a number of factors. These adult TEL scores were also compared with high school student performance, with the latter outperforming the former. As with the scores of high school students, adult scores were positively related to both the level of education achieved and the completion of an economics course.

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