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| Name: _________________________ | Period: ___________________ |
This test consists of 5 multiple choice questions, 5 short answer questions, and 10 short essay questions.
Multiple Choice Questions
1. What is the final part of Step 3?
(a) Choosing expenses to eliminate.
(b) Determining net worth.
(c) Figuring out how much life energy remains.
(d) Figuring out how much life energy went into each expenditure.
2. On average, what do Americans have more of than ever before?
(a) Children.
(b) Savings.
(c) Debt.
(d) Education.
3. What is one of the main economic principles most businesses follow?
(a) Growth is good.
(b) Going green is good.
(c) Technology is good.
(d) Debt is good.
4. What are dreams good clues to?
(a) The future.
(b) Hours slept per night.
(c) Values, purpose, and life mission.
(d) Employment options.
5. What should be included in the "miscellaneous" category?
(a) Items under $10.
(b) Nothing.
(c) Gazingus pins.
(d) Items purchased less than once a month.
Short Answer Questions
1. Which perspective of money should readers embrace?
2. What is budgeting similar to?
3. What causes people to believe that "growth is good" and "more is better?"
4. What will eventually run out?
5. What is an important aspect of the second half of Step 2?
Short Essay Questions
1. For Step 4, what is the third question program participants should ask, regarding every expense on their chart? What does this question prompt people to do?
2. How do the authors compare budgeting with dieting?
3. What is the second part of Step 1? What attitude should participants try to maintain when they see their result?
4. What do the two parts of Step 2 allow program participants to track?
5. 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?
6. What is the first part of Step 2? How is this accomplished?
7. Whenever people spend money, what more valuable commodity are they also spending?
8. Where does the "rat race" come from?
9. Why does the result from the first part of Step 2 sometimes prompt participants to seek a lower-paying job?
10. What is the first part of Step 1? What is its purpose?
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This section contains 756 words (approx. 3 pages at 300 words per page) |
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