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

Multiple Choice Questions

1. Why do many people give up time with family, working on hobbies, and fulfilling dreams?
(a) They are lazy.
(b) They are insecure.
(c) They fear success.
(d) They are too busy working.

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

3. On average, what do Americans have more of than ever before?
(a) Children.
(b) Debt.
(c) Savings.
(d) Education.

4. What is a possible advantage of switching to a lower-paying job?
(a) Ultimately earning more for each hour of life energy spent.
(b) Less life energy spent equals a longer lifespan.
(c) More time available for continuing education.
(d) Less money available to spend.

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

Short Answer Questions

1. What is the real amount of life energy?

2. What is Step 1, Part 1 of the program?

3. In Question 1, for each expense, participants must ask if they received fulfillment, satisfaction, and value in proportion to what?

4. Why are vacations considered to be a work expense?

5. What is Step 1, Part 2 of the program?

(see the answer key)

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