Yes, paying some attention to economic trends is part of financial literacy. Understanding economic trends can help Lana make informed investment decisions and better navigate the financial landscape.
Lana just got a promotion so she will have a little extra money, and she wants to think about investing. Her friend tells her that she should start paying attention to economic trends so that she can invest her money wisely. Is Lana’s friend right?
Group of answer choices
No, she should hire an investor and not question that person.
Yes, she should take some classes in economics before she invests.
No, individuals are typically unable to understand economic trends.
Yes, paying some attention to economic trends is part of financial literacy.
1 answer