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This test consists of 15 multiple choice questions and 5 short answer questions.
Multiple Choice Questions
1. Under which category does money paid to employ servants and service workers fall?
(a) Cultural.
(b) Work-related expense.
(c) More is better.
(d) Keeping up with the neighbors.
2. Question 1 is answered with a plus sign under what circumstance?
(a) If the purchase was work-related.
(b) If the expenditure was a necessity.
(c) If income is greater than expenses for the month.
(d) If the expenditure was worth the life energy spent.
3. The charts shown in the book for single people and couples are meant to be used how?
(a) As strict guides.
(b) As a family budget.
(c) As inspiration.
(d) As tax records.
4. What will eventually run out?
(a) The earth's resources.
(b) Social Security.
(c) Job growth.
(d) Time and money.
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) Number of hours worked minus number of hours at leisure.
(d) Total energy spent per week.
6. What is the state of having enough to spend in order to purchase just enough?
(a) The middle of the success spectrum.
(b) The bottom of the fulfillment curve.
(c) The peak of the fulfillment curve.
(d) The peak of the success spectrum.
7. On average, what do Americans have less of than ever before?
(a) Children.
(b) Savings.
(c) Debt.
(d) Education.
8. What two addictions are compared in Chapter 3?
(a) Overspending and gambling.
(b) Alcoholism and smoking.
(c) Overeating and overspending.
(d) Gambling and shopping.
9. What is one of the main economic principles most businesses follow?
(a) Debt is good.
(b) Technology is good.
(c) Growth is good.
(d) Going green is good.
10. Which of the following does the emotional and psychological perspective of money include?
(a) Personal responsibility.
(b) The tendency to spend quickly or cautiously.
(c) Fear of unemployment.
(d) Using credit cards.
11. What does Chapter 4 help people to figure out?
(a) How to increase income.
(b) What is fulfilling for them.
(c) How to save life energy.
(d) How to reduce expenses.
12. What is the second half of Step 2?
(a) Keeping meticulous track of every cent that comes in or goes out.
(b) Looking for a better job.
(c) Saving as much money as possible.
(d) Selling unnecessary luxuries.
13. What is Step 1, Part 1 of the program?
(a) Determine how much money has been earned so far in a lifetime.
(b) Declutter the garage and basement.
(c) Determine net worth.
(d) List everything owned.
14. What is a possible advantage of switching to a lower-paying job?
(a) Less life energy spent equals a longer lifespan.
(b) Ultimately earning more for each hour of life energy spent.
(c) More time available for continuing education.
(d) Less money available to spend.
15. What might cause readers to feel guilty, after completing Step 1?
(a) Feeling less successful than their work colleagues.
(b) Seeing their credit score.
(c) Seeing how much they owe or how little they have earned.
(d) Spending too much time with family.
Short Answer Questions
1. Where do values come from?
2. What is the term for the unnecessary things, activities, and noise in our lives?
3. Why are vacations considered to be a work expense?
4. What are comforts, as defined in Chapter 1?
5. What should participants do if the answer to Question 2 is "no" for a particular item?
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This section contains 572 words (approx. 2 pages at 300 words per page) |
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