View a FREE sample

This quiz consists of 5 multiple choice and 5 short answer questions through Chapter 8.

Multiple Choice Questions

1. How do most people define work?
(a) Full-time employment.
(b) Life energy spent.
(c) What they do to make a living.
(d) Anything that is not enjoyable.

2. Why are expensive convenience foods considered to be a work expense?
(a) Convenience foods promote life energy.
(b) Factories employ people to produce convenience foods.
(c) People are too tired after work to make dinner.
(d) Unemployed people cannot afford convenience foods.

3. What is the term for the unnecessary things, activities, and noise in our lives?
(a) Comforts.
(b) Clutter.
(c) Luxuries.
(d) Security.

4. Where do values come from?
(a) Saving money.
(b) Beliefs.
(c) Bargain hunting.
(d) Working harder.

5. How should people handle unusual extra expenses?
(a) Pay with cash or try to spread the expense out over several months.
(b) Obtain a designated credit card.
(c) Obtain a home equity loan.
(d) Try to obtain a higher-paying job.

Short Answer Questions

1. For Question 3 under what circumstance would one enter a minus sign on the chart?

2. On average, what do Americans have less of than ever before?

3. People strive to buy and earn more than they need to live at the peak of their fulfillment curve due to which perspective of money?

4. How should investment income be tracked?

5. Participants should always remain conscious of what?

(see the answer key)

This section contains 264 words (approx. 1 page at 300 words per page) View a FREE sample