View a FREE sample

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

Multiple Choice Questions

1. How should people handle unusual extra expenses?
(a) Pay with cash or try to spread the expense out over several months.
(b) Obtain a designated credit card.
(c) Try to obtain a higher-paying job.
(d) Obtain a home equity loan.

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

3. What must people do in order to make Step 3 work?
(a) Work more hours.
(b) Work fewer hours.
(c) Reduce spending.
(d) Be as truthful as possible.

4. What causes people to believe that "growth is good" and "more is better?"
(a) Fear of inflation, recession, and depression.
(b) Personal responsibility.
(c) Emotional and psychological perspective of money.
(d) Intrinsic value of money.

5. What should participants do if the answer to Question 2 is "no" for a particular item?
(a) Find a new career path.
(b) Find a new life purpose.
(c) Either change actions to align with values or change values to align with actions.
(d) Donate the item to charity.

Short Answer Questions

1. On average, what do Americans have more of than ever before?

2. How many perspectives of money are there?

3. Question 3 asks participants to consider what it would be like to do what?

4. For Question 3 under what circumstance would one enter a minus sign on the chart?

5. If people stop buying any extras at all, what are they in danger of doing?

(see the answer key)

This section contains 316 words (approx. 2 pages at 300 words per page) View a FREE sample