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Name: _________________________ | Period: ___________________ |
This quiz consists of 5 multiple choice and 5 short answer questions through Chapter 8.
Multiple Choice Questions
1. What is one of the main economic principles most businesses follow?
(a) Going green is good.
(b) Debt is good.
(c) Growth is good.
(d) Technology is good.
2. Participants should always remain conscious of what?
(a) Impending retirement.
(b) Life energy.
(c) All the job opportunities around them.
(d) Inflation.
3. People should spend only until they are fulfilled, just as they should do what?
(a) Work only until they feel fulfilled.
(b) Gamble within a preset limit.
(c) Eat only until they are full.
(d) Drink in moderation.
4. The numbers along the y-axis should increase by what increment?
(a) 1,000 or 2,000.
(b) 100 or 200.
(c) 1 or 2.
(d) 10 or 20.
5. What should people do with their extra money, once they earn more per month than they spend?
(a) Retire.
(b) Work fewer hours per week.
(c) Purchase a long-desired luxury.
(d) Turn it into an interest-bearing investment.
Short Answer Questions
1. How is a real hourly wage figured?
2. According to many Americans, what is considered a sin?
3. What two addictions are compared in Chapter 3?
4. How is net worth determined?
5. What is a possible advantage of switching to a lower-paying job?
This section contains 282 words (approx. 1 page at 300 words per page) |
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