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

Multiple Choice Questions

1. Why do people buy more than they need?
(a) To donate to charity.
(b) To fight inflation.
(c) Greed.
(d) Survival instinct.

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

3. On average, what do Americans have less of than ever before?
(a) Debt.
(b) Children.
(c) Savings.
(d) Education.

4. How is a real hourly wage figured?
(a) Divide real pay by real hours worked.
(b) Divide real hours worked by real pay.
(c) Divide real hours worked by work expenses.
(d) Divide real pay by actual hours worked.

5. 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.

Short Answer Questions

1. How many perspectives of money are there?

2. What is the first half of Step 2?

3. What causes people to believe that "growth is good" and "more is better?"

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

5. What is Step 1, Part 2 of the program?

(see the answer key)

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