Your Money or Your Life Test | Mid-Book Test - Medium

Joe Dominguez
This set of Lesson Plans consists of approximately 131 pages of tests, essay questions, lessons, and other teaching materials.
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This test consists of 5 multiple choice questions, 5 short answer questions, and 10 short essay questions.

Multiple Choice Questions

1. According to many Americans, what is considered a sin?
(a) Working too much.
(b) Spending too much.
(c) Buying low, selling high.
(d) Just sitting around and enjoying life.

2. What will eventually run out?
(a) Time and money.
(b) Job growth.
(c) The earth's resources.
(d) Social Security.

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

4. What does the physical perspective of money include?
(a) Using PIN numbers.
(b) Personal responsibility and transformation.
(c) Balancing a checkbook.
(d) Gold.

5. Under which category does money paid to employ servants and service workers fall?
(a) Keeping up with the neighbors.
(b) Cultural.
(c) More is better.
(d) Work-related expense.

Short Answer Questions

1. If people spend half of their time sleeping, eating, and doing everything necessary for maintaining their bodies, then the other half is available for what?

2. What two addictions are compared in Chapter 3?

3. Which perspective of money should readers embrace?

4. Most Americans divide their discretionary time equally between what two activities?

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

Short Essay Questions

1. What do the two parts of Step 2 allow program participants to track?

2. What are people's dreams good clues to?

3. What is the first part of Step 3?

4. What are the three perspectives of money the authors ask program participants to reject? Include brief descriptions.

5. What perspective of money do the authors endorse? Why?

6. How should program participants use the charts at the end of Chapter 3?

7. For Step 4, what is the second question program participants should ask, regarding every expense on their chart? What is required, before answering this question?

8. What is the second part of Step 1? What attitude should participants try to maintain when they see their result?

9. What is the final part of Step 3? How is this accomplished?

10. Why do many people give up on their dreams early in life?

(see the answer keys)

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