Kunci Jawaban Kelas 11 Bahasa Inggris Kurikulum Merdeka Halaman 185 - 186: Formative Test 8 - 11

9. According to the author, how prepared are Americans for their retirementt?

a. few Americans are unprepared for retirement

b. One-fourth indicated they have no retirement savings

c. Fewer than four in 7 of those not yet retired felt that their retirement savings are on track

d. Nearly 40 persen admitted to feeling low levels of confidence in making retirement decisions

e. many Americans are prepared for retirement

Jawaban: B

10. How do American millenial’s view financial literacy?

a. Among those who report having a high knowledge of personal finance, 89 persen answered questions about fundamental financial concepts correctly

b. More than half lack an emergency fund to cover three months’ expenses

c. Fifty-three percent report using expensive alternative financial services, such as payday loans and pawnshops

d. 47 persen are financially fragile (defined as unable or unlikely to be able to come up with $2,000 within a month in the event of an emergency)

e. Low financial literacy has left millennial unprepared for a severe financial crisis

Jawaban: B

11. How many millenials are in debt?