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This quiz consists of 5 multiple choice and 5 short answer questions through Chapter 3.

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 peak of the success spectrum.
(c) The bottom of the fulfillment curve.
(d) The middle of the success spectrum.

2. What should be included in the "miscellaneous" category?
(a) Gazingus pins.
(b) Nothing.
(c) Items purchased less than once a month.
(d) Items under $10.

3. Which of the following does the emotional and psychological perspective of money include?
(a) Using credit cards.
(b) The tendency to spend quickly or cautiously.
(c) Fear of unemployment.
(d) Personal responsibility.

4. What should the amount started with at the beginning of the month, plus total income, minus total expenses equal?
(a) The amount of money they have left at the end of the month.
(b) Gross income.
(c) The amount shown on a bank statement.
(d) Net worth.

5. What is the first half of Step 2?
(a) Not feeling shame or blame.
(b) Determine net worth.
(c) Determine real hours worked.
(d) Determine real hourly wage.

Short Answer Questions

1. How should people reduce spending?

2. What do advertisements teach Americans?

3. The charts shown in the book for single people and couples are meant to be used how?

4. What does the physical perspective of money include?

5. What is the final part of Step 3?

(see the answer key)

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