Date 26/04/2011
Many Swedes struggle with basic calculations and lack an understanding of elementary financial concepts, which may affect their financial behaviour. Hence, the communication of economic policy needs to take into account that a significant fraction of households may be very poorly equipped to process numerical information and key economic concepts. This is the opinion of the authors of an economic commentary which discusses some of the results of a consumer survey commissioned 2010 by the Swedish Financial Supervisory Authority.
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