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This quiz consists of 5 multiple choice and 5 short answer questions through Chapter 2.

Multiple Choice Questions

1. What is a possible advantage of switching to a lower-paying job?
(a) More time available for continuing education.
(b) Less life energy spent equals a longer lifespan.
(c) Less money available to spend.
(d) Ultimately earning more for each hour of life energy spent.

2. Most Americans divide their discretionary time equally between what two activities?
(a) Working and spending.
(b) Family and friends.
(c) Eating and drinking.
(d) Leisure and retirement.

3. What is the term for the unnecessary things, activities, and noise in our lives?
(a) Comforts.
(b) Luxuries.
(c) Security.
(d) Clutter.

4. What is one of the main economic principles most businesses follow?
(a) Debt is good.
(b) Growth is good.
(c) Technology is good.
(d) Going green is good.

5. What attitude do the authors want readers to carry?
(a) No guts, no glory.
(b) No shame, no blame.
(c) No harm, no foul.
(d) No pain, no gain.

Short Answer Questions

1. What do people earn money by trading?

2. Each person has only a limited amount of what?

3. How is net worth determined?

4. What does the physical perspective of money include?

5. What is Step 1, Part 1 of the program?

(see the answer key)

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