Answers after the jump.
Data released by Wells Fargo — which surveyed 2,300 adults — in October sheds some light on four basic financial questions that people couldn’t answer.
Which of the following statements describes the main function of the stock market?
A) The stock market brings people who want to buy stocks together with people who want to sell stocks.
B) The stock market helps predict stock earnings
C) The stock market results in an increase in the price of stocks
D) None of the above
E) Not sureIf you had $100 in a savings account and the interest rate was 2 percent per year, after 5 years, how much do you think you would have in the account if you left the money to grow?
A) Exactly $102
B) Less than $102
C) More than $102
D) Not sure








