Your Money or Your Life Quiz | Eight Week Quiz C

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 C

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 4.

Multiple Choice Questions

1. What is the real amount of life energy?
(a) The number of years remaining in an average lifetime.
(b) Total energy spent per week.
(c) Number of hours worked minus number of hours at leisure.
(d) The real number of hours of life used to make purchases.

2. What is the first half of Step 2?
(a) Determine net worth.
(b) Determine real hourly wage.
(c) Not feeling shame or blame.
(d) Determine real hours worked.

3. For Question 1, what should be written in the chart if just enough was spent on an item?
(a) A minus.
(b) A zero.
(c) A check.
(d) A plus.

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. For Question 3 under what circumstance would one enter a minus sign on the chart?
(a) If monthly expenses exceed monthly income.
(b) If the expense category will most likely cease after retirement.
(c) If the expense category does not fit with values.
(d) If that expense category will most likely be reduced after retirement.

Short Answer Questions

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

2. Question 1 is answered with a plus sign under what circumstance?

3. What have many people been told by parents and guidance counselors?

4. The charts shown in the book for single people and couples are meant to be used how?

5. Why do people buy more than they need?

(see the answer key)

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