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This quiz consists of 5 multiple choice and 5 short answer questions through Chapter 4.

Multiple Choice Questions

1. Some people reach the top of their profession and make good money, yet are still not what?
(a) Married.
(b) Happy.
(c) Wealthy.
(d) Secure.

2. What is the key to good spending habits?
(a) Full complacency.
(b) Full contentment.
(c) Full compulsion.
(d) Full consciousness.

3. What must a person do to become financially independent?
(a) Work harder.
(b) Inherit from rich relatives.
(c) Let go of everything they have learned about money.
(d) Save as much as possible.

4. Why should clothing be broken down into smaller categories, such as informal, work, sports, etc.?
(a) To encourage participation in sports.
(b) To encourage donations of older clothes to charity.
(c) To avoid purchases that are worn only once.
(d) To allow for a greater volume of work-related purchases.

5. Attitude toward buying groceries is part of which perspective of money?
(a) Emotional and psychological.
(b) Cultural.
(c) Life energy.
(d) Physical.

Short Answer Questions

1. In Question 1, for each expense, participants must ask if they received fulfillment, satisfaction, and value in proportion to what?

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

3. Question 1 is answered with a plus sign under what circumstance?

4. Why are expensive convenience foods considered to be a work expense?

5. Why do people buy more than they need?

(see the answer key)

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