Name: _________________________ | Period: ___________________ |
This quiz consists of 5 multiple choice and 5 short answer questions through Chapter 2.
Multiple Choice Questions
1. What is the state of having enough to spend in order to purchase just enough?
(a) The middle of the success spectrum.
(b) The peak of the fulfillment curve.
(c) The bottom of the fulfillment curve.
(d) The peak of the success spectrum.
2. Where do most products we purchase end up?
(a) In garage sales.
(b) In landfills.
(c) Passed on to the next generation.
(d) Overseas.
3. What is an important aspect of the second half of Step 2?
(a) Saving life energy.
(b) Tracking net worth.
(c) Not feeling shame or blame.
(d) Saving as much money as possible.
4. On average, what do Americans have more of than ever before?
(a) Savings.
(b) Children.
(c) Education.
(d) Debt.
5. On average, what do Americans have less of than ever before?
(a) Debt.
(b) Children.
(c) Savings.
(d) Education.
Short Answer Questions
1. Some people reach the top of their profession and make good money, yet are still not what?
2. How many perspectives of money are there?
3. What is one of the main economic principles most businesses follow?
4. What do people earn money by trading?
5. Why are expensive convenience foods considered to be a work expense?
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