Your Money or Your Life Quiz | Two Week Quiz A

Joe Dominguez
This set of Lesson Plans consists of approximately 131 pages of tests, essay questions, lessons, and other teaching materials.

Your Money or Your Life Quiz | Two Week Quiz A

Joe Dominguez
This set of Lesson Plans consists of approximately 131 pages of tests, essay questions, lessons, and other teaching materials.
Buy the Your Money or Your Life Lesson Plans
Name: _________________________ Period: ___________________

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

Multiple Choice Questions

1. What can cause some people to stop buying any extras at all, after starting to use the wall chart?
(a) Desire to change thier life purpose.
(b) Running out of room on the wall chart.
(c) Shock at their spending habits.
(d) Shock over actual income.

2. Why are vacations considered to be a work expense?
(a) Only employed individuals can afford vacations.
(b) They are necessary to relieve work-related stress.
(c) They are required by law.
(d) Most employees take laptops or cell phones on vacation.

3. What are "gazingus pins?"
(a) Clips to attach spending charts to refrigerators or bulletin boards.
(b) Any items the reader has an unreasonable amount of, due to habitual shopping.
(c) Larger-than-standard pins.
(d) Pins to attach to a spending chart to indicate unnecessary expenses.

4. Which perspective is the notion of "keeping up with the neighbors" part of?
(a) Step 2.
(b) Personal responsibility and transformation.
(c) Emotional and psychological.
(d) Inflation.

5. What is the recommended size of the wall chart?
(a) From 18 to 22 inches tall, and from 24 to 36 inches wide.
(b) From 18 to 24 inches tall, and from 22 to 36 inches wide.
(c) From 18 to 24 inches wide, and from 22 to 36 inches tall.
(d) From 18 to 22 inches wide, and from 24 to 36 inches tall.

Short Answer Questions

1. What is one of the main economic principles most businesses follow?

2. The top number on the y-axis should be at least how large?

3. Why do people buy more than they need?

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

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

(see the answer key)

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