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This quiz consists of 5 multiple choice and 5 short answer questions through Chapter 9.

Multiple Choice Questions

1. Which perspective is feeling connected to a certain social class part of?
(a) Personal responsibility and transformation.
(b) Emotional and psychological.
(c) Cultural.
(d) Life energy.

2. People should have enough savings to cover expenses for how long?
(a) Six months.
(b) Four months.
(c) One year.
(d) Nine months.

3. Why do many people give up time with family, working on hobbies, and fulfilling dreams?
(a) They are insecure.
(b) They fear success.
(c) They are too busy working.
(d) They are lazy.

4. According to the authors, which of the following statements is true?
(a) The effects of inflation should not be a primary consideration when choosing a crossover point.
(b) The effects of inflation should not be a primary consideration when choosing how to invest.
(c) The effects of inflation should be a primary consideration when choosing a crossover point.
(d) The effects of inflation should be a primary consideration when choosing how to invest.

5. What is the real amount of life energy?
(a) Total energy spent per week.
(b) The real number of hours of life used to make purchases.
(c) The number of years remaining in an average lifetime.
(d) Number of hours worked minus number of hours at leisure.

Short Answer Questions

1. What must a person do to become financially independent?

2. Which perspective is the notion of "keeping up with the neighbors" part of?

3. A line should be drawn connecting the current month's income to what?

4. Where do values come from?

5. Each person has only a limited amount of what?

(see the answer key)

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