Innovation Panel Questionnaire Module
scafinnumear_ip16
Self-Completion Financial Numeracy Early Module
Questions 3
scafinnumear_ip16.finnumear5y
Financial numeracy 5 years
Type: choice
Source: UKHLS
Text: Imagine a savings account with a current balance of £100. The interest rate is fixed at 1% per year.
After 5 years, how much money will be in the account if no money is withdrawn?
| Option | Label |
|---|---|
| 1 | £101 or less |
| 2 | More than £101, but no more than £106 |
| 3 | More than £106, but no more than £111 |
| 4 | More than £111 |
Universe:
if [(GRIDVARIABLES.ModeType = 1 & CASISTARTEARLY.scacearly = 1 thru 4) | (GRIDVARIABLES.ModeType = 2|3)] // Mode is face-to-face and has agreed to self-completion OR mode is telephone or web
And If [ff_numeracyw16 =1 & (ff_numquesw16 =1|3)] // If ask financial numeracy question early AND ask financial numeracy or both financial and environmental numeracy
scafinnumear_ip16.finnumear30y
Financial numeracy 30 years early
Type: choice
Source: UKHLS
Text: (Imagine a savings account with a current balance of £100. The interest rate is fixed at 1% per year.)
After 30 years, how much money will be in the account if no money is withdrawn?
| Option | Label |
|---|---|
| 1 | £110 or less |
| 2 | More than £110, but no more than £130 |
| 3 | More than £130, but no more than £150 |
| 4 | More than £150 |
Universe:
if [(GRIDVARIABLES.ModeType = 1 & CASISTARTEARLY.scacearly = 1 thru 4) | (GRIDVARIABLES.ModeType = 2|3)] // Mode is face-to-face and has agreed to self-completion OR mode is telephone or web
And If [ff_numeracyw16 =1 & (ff_numquesw16 =1|3)] // If ask financial numeracy question early AND ask financial numeracy or both financial and environmental numeracy
scafinnumear_ip16.finnumear100y
Financial numeracy 100 years early
Type: choice
Source: UKHLS
Text: (Imagine a savings account with a current balance of £100. The interest rate is fixed at 1% per year.)
After 100 years, how much money will be in the account if no money is withdrawn?
| Option | Label |
|---|---|
| 1 | £150 or less |
| 2 | More than £150, but no more than £225 |
| 3 | More than £225, but no more than £300 |
| 4 | More than £300 |
Universe:
if [(GRIDVARIABLES.ModeType = 1 & CASISTARTEARLY.scacearly = 1 thru 4) | (GRIDVARIABLES.ModeType = 2|3)] // Mode is face-to-face and has agreed to self-completion OR mode is telephone or web
And If [ff_numeracyw16 =1 & (ff_numquesw16 =1|3)] // If ask financial numeracy question early AND ask financial numeracy or both financial and environmental numeracy
