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

Multiple Choice Questions

1. People strive to buy and earn more than they need to live at the peak of their fulfillment curve due to which perspective of money?
(a) Cultural.
(b) Emotional and psychological.
(c) Greed.
(d) Intrinsic value.

2. What do the authors suggest that people divide their spending into?
(a) Three columns.
(b) Categories that make sense for them.
(c) Categories determined by life energy.
(d) Categories defined in Chapter 3.

3. In Question 1, for each expense, participants must ask if they received fulfillment, satisfaction, and value in proportion to what?
(a) Income.
(b) Dollar value.
(c) Spirituality.
(d) Life energy spent.

4. What does the amount spent divided by real hourly wage equal?
(a) The real amount of life energy spent.
(b) Money saved at the end of the month.
(c) Total allowable expenses.
(d) Net worth.

5. Which of the following does the cultural perspective of money include?
(a) Fear of inflation.
(b) Fear when investing.
(c) Buying insurance.
(d) Life energy.

Short Answer Questions

1. What causes emptiness?

2. What three columns should record-keeping include?

3. According to many Americans, what is considered a sin?

4. What is the state of having enough to spend in order to purchase just enough?

5. How should people reduce spending?

(see the answer key)

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