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

Multiple Choice Questions

1. What are comforts, as defined in Chapter 1?
(a) Employment and financial security.
(b) Pillows and mattresses.
(c) Emotional support.
(d) Things people really enjoy.

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

3. What do people earn money by trading?
(a) Stocks and bonds.
(b) Job skills.
(c) Excess possessions.
(d) Life energy.

4. According to many Americans, what is considered a sin?
(a) Working too much.
(b) Spending too much.
(c) Buying low, selling high.
(d) Just sitting around and enjoying life.

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?
(a) Managing money.
(b) Life energy.
(c) Whatever they choose.
(d) Keeping up with the neighbors.

Short Answer Questions

1. Why are vacations considered to be a work expense?

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

3. What do most people claim to value more than money?

4. What might cause readers to feel guilty, after completing Step 1?

5. What is the intrinsic value of money?

(see the answer key)

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