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Name: _________________________ | Period: ___________________ |
This test consists of 15 multiple choice questions and 5 short answer questions.
Multiple Choice Questions
1. What is the state of having enough to spend in order to purchase just enough?
(a) The peak of the fulfillment curve.
(b) The bottom of the fulfillment curve.
(c) The peak of the success spectrum.
(d) The middle of the success spectrum.
2. What causes people to believe that "growth is good" and "more is better?"
(a) Emotional and psychological perspective of money.
(b) Intrinsic value of money.
(c) Personal responsibility.
(d) Fear of inflation, recession, and depression.
3. In Question 2, what must participants ask if each expenditure is in alignment with?
(a) Statistical norms.
(b) Family needs.
(c) Hours spent at work.
(d) Their values and life purpose.
4. What causes emptiness?
(a) Spending too much time on leisure activities.
(b) After spending time with family, the temporary happiness fades.
(c) After buying a new item, the temporary happiness fades.
(d) Losing a job.
5. What is the real amount of life energy?
(a) The number of years remaining in an average lifetime.
(b) The real number of hours of life used to make purchases.
(c) Total energy spent per week.
(d) Number of hours worked minus number of hours at leisure.
6. For Question 3 under what circumstance would one enter a minus sign on the chart?
(a) If the expense category will most likely cease after retirement.
(b) If the expense category does not fit with values.
(c) If monthly expenses exceed monthly income.
(d) If that expense category will most likely be reduced after retirement.
7. Why do people buy more than they need?
(a) To donate to charity.
(b) Survival instinct.
(c) To fight inflation.
(d) Greed.
8. How is a real hourly wage figured?
(a) Divide real hours worked by real pay.
(b) Divide real pay by actual hours worked.
(c) Divide real pay by real hours worked.
(d) Divide real hours worked by work expenses.
9. What are "gazingus pins?"
(a) Clips to attach spending charts to refrigerators or bulletin boards.
(b) Pins to attach to a spending chart to indicate unnecessary expenses.
(c) Any items the reader has an unreasonable amount of, due to habitual shopping.
(d) Larger-than-standard pins.
10. What allows people to enjoy their planet, community, and spirituality more than ever before?
(a) Retirement.
(b) Living frugally.
(c) Being green.
(d) Taking more vacations.
11. What does Chapter 4 help people to figure out?
(a) How to save life energy.
(b) How to reduce expenses.
(c) What is fulfilling for them.
(d) How to increase income.
12. Why should readers not use premade categories from other budget books?
(a) Some categories may be out of date.
(b) Everyone has different spending habits.
(c) Some categories are difficult to track.
(d) Other budget books are inferior.
13. What is the intrinsic value of money?
(a) Money has no intrinsic value.
(b) Physical.
(c) Real hourly wage.
(d) Emotional and psychological.
14. What is Step 1, Part 1 of the program?
(a) List everything owned.
(b) Determine how much money has been earned so far in a lifetime.
(c) Determine net worth.
(d) Declutter the garage and basement.
15. What do advertisements teach Americans?
(a) Relax, relax, and relax some more.
(b) Work, work, and work some more.
(c) Buy low, sell high.
(d) Consume, consume, and comsume some more.
Short Answer Questions
1. On average, what do Americans have more of than ever before?
2. What should participants do if the answer to Question 2 is "no" for a particular item?
3. What does the amount spent divided by real hourly wage equal?
4. Which perspective is the notion of "keeping up with the neighbors" part of?
5. Where do most products we purchase end up?
This section contains 603 words (approx. 3 pages at 300 words per page) |
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