Table 1 Descriptive statistical of the answers to questions.

From: Knowledge creates value: the role of financial literacy in entrepreneurial behavior

Question

Correct

Wrong

Failure to answer

Interest rate calculation (%)

28.67

23.16

48.17

Inflation understanding (%)

16.39

37.84

45.76

Venture capital (%)

51.94

4.58

43.48

  1. The data comes from the 2015 CHFS data and our statistics after data processing.