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This quiz consists of 5 multiple choice and 5 short answer questions through Chapter 6.

Multiple Choice Questions

1. What causes emptiness?
(a) After buying a new item, the temporary happiness fades.
(b) After spending time with family, the temporary happiness fades.
(c) Losing a job.
(d) Spending too much time on leisure activities.

2. For Question 3 under what circumstance would one enter a minus sign on the chart?
(a) If that expense category will most likely be reduced after retirement.
(b) If monthly expenses exceed monthly income.
(c) If the expense category does not fit with values.
(d) If the expense category will most likely cease after retirement.

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

4. What is Step 1, Part 2 of the program?
(a) Determine net worth.
(b) List everything owned.
(c) Declutter the garage and basement.
(d) Determine how much money has been earned so far in a lifetime.

5. What are comforts, as defined in Chapter 1?
(a) Employment and financial security.
(b) Pillows and mattresses.
(c) Emotional support.
(d) Things people really enjoy.

Short Answer Questions

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

2. What are two tips for reducing transportation expenses?

3. How should people handle unusual extra expenses?

4. What percentage of useful life objects could people add if they were not so anxious to replace them?

5. Paying attention to every thought and deciding whether to act on each thought is crucial to what?

(see the answer key)

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