Financial Inclusion Insights Survey 2014

Ghana, 2014 - 2015

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GHA_2014_FII_v01_M_v01_A_PUF

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Dec 01, 2016

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Dec 01, 2016

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FL22. Imagine you have 100 GHS worth of investment, which earn you 3% interest e (FL22)

Data file: final_cgap_ghana_im_v2

Overview

Valid: 3002

Invalid: 0

Type: Discrete

Decimal: 0

Start: 1007

End: 1007

Width: 1

Range: 1 - 4

Format: Numeric

Questions and instructions

Question pretext

Now, I would like you to answer several questions that require some calculations. Please, do not be concerned - this is not a test. We just want to see if you understand some of the issues related to budgeting your income and making choices related to money.

Literal question

Finally, imagine you have 100 GHS worth of investment, which earn you 3% interest every year. The inflation is 3.5% a year. How much total money will you have in 2 years?

Value	Category	Cases
1	More than 100 GHS	1297	43.2%
2	Less than 100 GHS	640	21.3%
3	Exactly 100 GHS	154	5.1%
4	DK/Refused	911	30.3%

Others

Notes

FL22. Imagine you have 100 GHS worth of investment, which earn you 3% interest every year. The inflation is 3.5% a year. How much total money will you have in 2 years?

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