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

Multiple Choice Questions

1. What have many people been told by parents and guidance counselors?
(a) That the job market is tight.
(b) That they can be anything they want to be.
(c) Employment security is more important than happiness.
(d) Money is more important than happiness.

2. What is the purpose of dividing income and expenses into categories?
(a) To determine net worth.
(b) To determine if enough money will be available for retirement.
(c) To decide if a career change is warranted.
(d) To judge whether expenses are worth the life energy spent.

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

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

5. What is budgeting similar to?
(a) Mathematics.
(b) Dieting.
(c) Filing taxes.
(d) Reducing income.

Short Answer Questions

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

2. Most Americans divide their discretionary time equally between what two activities?

3. What allows people to enjoy their planet, community, and spirituality more than ever before?

4. What should participants do if the answer to Question 2 is "no" for a particular item?

5. What are dreams good clues to?

(see the answer key)

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