Every two years, the Jump$tart Coalition issues a "personal finance" exam to high school seniors. The test highlights the importance of personal financial literacy among America's youth and comes at an especially important juncture. Many experts -- including Fed Chairman Ben Bernanke -- believe that basic financial knowledge is essential for (and lacking in) teenagers. Jump$tart's exam did little to disprove this. This year, 12th graders answered 48.3% correct on average and posted the lowest scores since Jump$tart first issued the test in 1996. A sample question from the 31-question test:

Which of the following types of investment would best protect the purchasing power of a family’s savings in the event of a sudden increase in inflation?

1. A twenty-five year corporate bond
2. A house financed with a fixed-rate mortgage
3. A 10-year bond issued by a corporation
4. A certificate of deposit at a bank

Find out the answer to the sample questions and 30 other questions by taking the complete Jump$tart Personal Financial Literacy test for yourself online.

The average adult scores 68%.