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30 April, 01:45

Samuel has $20 and wants to buy a notebook. He buys the first one he finds, costing him $6. Evaluate Samuel's financial literacy.

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  1. 30 April, 05:15
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    Low financial literacy, because if he had a higher understanding of how choices work he would put a bit more effort into finding a lower-priced one, spending a bit more time as a trade-off for being able to spend more of his money later.
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