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

Multiple Choice Questions

1. Where do most products we purchase end up?
(a) In landfills.
(b) In garage sales.
(c) Passed on to the next generation.
(d) Overseas.

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

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

4. How is net worth determined?
(a) Estimated current sale price of all items currently owned, plus other assets such as cash and investments.
(b) Add together everything owned, then subtract everything owed.
(c) Multiply monthly income by 12.
(d) All items purchased during a lifetime.

5. Attitude toward buying groceries is part of which perspective of money?
(a) Life energy.
(b) Cultural.
(c) Emotional and psychological.
(d) Physical.

Short Answer Questions

1. What are comforts, as defined in Chapter 1?

2. Which perspective of money should readers embrace?

3. Each person has only a limited amount of what?

4. What is the second half of Step 2?

5. Which perspective is feeling connected to a certain social class part of?

(see the answer key)

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