Your Money or Your Life Quiz | Eight Week Quiz B

Joe Dominguez
This set of Lesson Plans consists of approximately 131 pages of tests, essay questions, lessons, and other teaching materials.

Your Money or Your Life Quiz | Eight Week Quiz B

Joe Dominguez
This set of Lesson Plans consists of approximately 131 pages of tests, essay questions, lessons, and other teaching materials.
Buy the Your Money or Your Life Lesson Plans
Name: _________________________ Period: ___________________

This quiz consists of 5 multiple choice and 5 short answer questions through Chapter 3.

Multiple Choice Questions

1. What should be included in the "miscellaneous" category?
(a) Items under $10.
(b) Items purchased less than once a month.
(c) Nothing.
(d) Gazingus pins.

2. What is the final part of Step 3?
(a) Determining net worth.
(b) Choosing expenses to eliminate.
(c) Figuring out how much life energy remains.
(d) Figuring out how much life energy went into each expenditure.

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

4. What is the state of having enough to spend in order to purchase just enough?
(a) The bottom of the fulfillment curve.
(b) The peak of the fulfillment curve.
(c) The peak of the success spectrum.
(d) The middle of the success spectrum.

5. Some people reach the top of their profession and make good money, yet are still not what?
(a) Happy.
(b) Secure.
(c) Married.
(d) Wealthy.

Short Answer Questions

1. What is one of the main economic principles most businesses follow?

2. Where do most products we purchase end up?

3. What do the authors suggest that people divide their spending into?

4. Why do many people give up time with family, working on hobbies, and fulfilling dreams?

5. What are bare necessities, as defined in Chapter 1?

(see the answer key)

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