Quiz: Are You a Smart Consumer?

Test yourself on shopping and personal finance questions.

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High schoolers are gathered in Minneapolis for the 2008 National LifeSmarts Championship, a test of consumer-related knowledge. The contest, sponsored by the National Consumers League, encourages teens to learn how to be smart consumers. (You can see who is winning at the contest's official blog.) Test how well you measure up on these sample questions, courtesy of the NCL:

  1. People who invest in CDs may choose them because they want investment vehicles that:
    1. Which of the following investments is the most volatile?
      1. Bonds described as "junk bonds" are also more positively called:
        1. “Lemon Laws" generally apply to what type of car?
          1. What is true about checking accounts?
            1. You can see the correct answers here.