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This quiz consists of 5 multiple choice and 5 short answer questions through Chapter 4.

Multiple Choice Questions

1. Which of the following does the cultural perspective of money include?
(a) Buying insurance.
(b) Fear when investing.
(c) Fear of inflation.
(d) Life energy.

2. What is the final part of Step 3?
(a) Figuring out how much life energy remains.
(b) Determining net worth.
(c) Figuring out how much life energy went into each expenditure.
(d) Choosing expenses to eliminate.

3. Which perspective is feeling connected to a certain social class part of?
(a) Personal responsibility and transformation.
(b) Emotional and psychological.
(c) Cultural.
(d) Life energy.

4. What can help people determine what they value?
(a) What items they possess.
(b) Asking how they would spend their time if they had one year to live.
(c) Assessing their careers.
(d) Studying family history.

5. What is the real amount of life energy?
(a) The number of years remaining in an average lifetime.
(b) Total energy spent per week.
(c) The real number of hours of life used to make purchases.
(d) Number of hours worked minus number of hours at leisure.

Short Answer Questions

1. What is the intrinsic value of money?

2. Question 1 is answered with a plus sign under what circumstance?

3. What should participants do if the answer to Question 2 is "no" for a particular item?

4. Why do many people give up time with family, working on hobbies, and fulfilling dreams?

5. What are dreams good clues to?

(see the answer key)

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