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

Multiple Choice Questions

1. Question 3 asks participants to consider what it would be like to do what?
(a) Retire.
(b) Eliminate debt.
(c) Conserve life energy.
(d) Find a life mission.

2. What is the intrinsic value of money?
(a) Money has no intrinsic value.
(b) Physical.
(c) Real hourly wage.
(d) Emotional and psychological.

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

4. How is a real hourly wage figured?
(a) Divide real pay by actual hours worked.
(b) Divide real hours worked by work expenses.
(c) Divide real pay by real hours worked.
(d) Divide real hours worked by real pay.

5. Question 1 is answered with a plus sign under what circumstance?
(a) If the expenditure was worth the life energy spent.
(b) If the expenditure was a necessity.
(c) If income is greater than expenses for the month.
(d) If the purchase was work-related.

Short Answer Questions

1. Which perspective of money should readers embrace?

2. What determines mastery of Step 3?

3. What will eventually run out?

4. Why should people not budget their money?

5. Under which category does money paid to employ servants and service workers fall?

(see the answer key)

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