View a FREE sample

This quiz consists of 5 multiple choice and 5 short answer questions through Chapter 4.

Multiple Choice Questions

1. Where do values come from?
(a) Bargain hunting.
(b) Working harder.
(c) Beliefs.
(d) Saving money.

2. Which of the following does the emotional and psychological perspective of money include?
(a) The tendency to spend quickly or cautiously.
(b) Using credit cards.
(c) Personal responsibility.
(d) Fear of unemployment.

3. What are "gazingus pins?"
(a) Any items the reader has an unreasonable amount of, due to habitual shopping.
(b) Clips to attach spending charts to refrigerators or bulletin boards.
(c) Pins to attach to a spending chart to indicate unnecessary expenses.
(d) Larger-than-standard pins.

4. What should the amount started with at the beginning of the month, plus total income, minus total expenses equal?
(a) Net worth.
(b) The amount of money they have left at the end of the month.
(c) Gross income.
(d) The amount shown on a bank statement.

5. What does Question 2 help people to figure out?
(a) Life energy spent.
(b) Whether income exceeds expenses.
(c) How will expenses change after retirement?
(d) How well they are doing at moving toward their purpose.

Short Answer Questions

1. On average, what do Americans have more of than ever before?

2. What is the final part of Step 3?

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

4. Which perspective is the notion of "keeping up with the neighbors" part of?

5. What is a possible advantage of switching to a lower-paying job?

(see the answer key)

This section contains 284 words (approx. 1 page at 300 words per page) View a FREE sample