Question

On the financial literacy assessment test, Peggy has an objective score of 72 and a subjective score of 90. Which financial literacy zone is Peggy in?

o danger zone
o caution zone
o target zone
o realistic zone

Answer 1

Peggy's financial literacy assessment test consists of objective and subjective scores. Without specific ranges for the financial literacy zones, it is difficult to determine which zone Peggy falls into. However, based on general understanding, her scores suggest she is likely in the target zone or realistic zone. Option C,D are correct.

Step-by-step explanation:

Peggy's financial literacy assessment test consists of objective and subjective scores. Her objective score is 72, while her subjective score is 90. To determine which financial literacy zone Peggy is in, we need to compare her scores to the different zones.

The financial literacy zones typically include a danger zone, caution zone, target zone, and realistic zone. Each zone represents a specific range of scores that indicate a level of financial literacy. Without specific ranges provided for each zone, it is difficult to determine which zone Peggy falls into.

However, based on a general understanding, Peggy's scores of 72 and 90 suggest that she is likely in the target zone or realistic zone, which indicate a moderate to high level of financial literacy.