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

Multiple Choice Questions

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

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

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

4. What causes emptiness?
(a) Spending too much time on leisure activities.
(b) After spending time with family, the temporary happiness fades.
(c) After buying a new item, the temporary happiness fades.
(d) Losing a job.

5. Each person has only a limited amount of what?
(a) Money.
(b) Life energy.
(c) Intrinsic value.
(d) Emotional energy.

Short Answer Questions

1. Earning, saving, and spending money are part of which perspective?

2. Which of the following does the emotional and psychological perspective of money include?

3. On average, what do Americans have less of than ever before?

4. People strive to buy and earn more than they need to live at the peak of their fulfillment curve due to which perspective of money?

5. 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?

(see the answer key)

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