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| Name: _________________________ | Period: ___________________ |
This quiz consists of 5 multiple choice and 5 short answer questions through Chapter 6.
Multiple Choice Questions
1. What are comforts, as defined in Chapter 1?
(a) Emotional support.
(b) Things people really enjoy.
(c) Employment and financial security.
(d) Pillows and mattresses.
2. What is the first half of Step 2?
(a) Not feeling shame or blame.
(b) Determine real hourly wage.
(c) Determine real hours worked.
(d) Determine net worth.
3. Earning, saving, and spending money are part of which perspective?
(a) Physical.
(b) Life energy.
(c) Emotional and psychological.
(d) Inflation.
4. What is budgeting similar to?
(a) Mathematics.
(b) Reducing income.
(c) Dieting.
(d) Filing taxes.
5. The numbers along the y-axis should increase by what increment?
(a) 10 or 20.
(b) 100 or 200.
(c) 1 or 2.
(d) 1,000 or 2,000.
Short Answer Questions
1. What are bare necessities, as defined in Chapter 1?
2. What is the second half of Step 2?
3. Where do most products we purchase end up?
4. How does eating a proper diet make sense financially?
5. The top number on the y-axis should be at least how large?
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