#1
Which of the following is a leisure activity?
Cooking
Budgeting
Gardening
Reading financial reports
#2
Which of these items is not typically considered a possession?
Car
House
Friendship
Smartphone
#3
What is the term for the process of acquiring possessions and wealth beyond one's needs?
Frugality
Materialism
Overconsumption
Minimalism
#4
In the context of investments, what does ROI stand for?
Return on Investment
Rate of Interest
Risk of Inflation
Revenue from Operations
#5
Which of the following is not a form of possession?
Intellectual property
Real estate
Immaterial possession
Financial assets
#6
What is a common activity associated with self-care?
Shopping
Watching TV
Meditation
Checking emails
#7
Which of these is an example of an intangible possession?
#8
Which of the following is an example of a communal possession?
Personal computer
Library book
Family heirloom
Private jet
#9
What is the term for the psychological attachment individuals develop towards their possessions?
Materialism
Ownership bias
Possessive attachment
Sentimental value
#10
Which of the following is a characteristic of a minimalist lifestyle?
Accumulating excessive possessions
Focusing on material wealth
Embracing simplicity and decluttering
Constantly seeking new experiences
#11
What is the main difference between a hobby and a profession?
Hobbies are unpaid, professions are paid
Hobbies are done in spare time, professions are full-time
Hobbies require no skill, professions require expertise
Hobbies are solitary, professions are social
#12
In economics, what is the concept of opportunity cost most closely related to?
Scarcity
Demand
Utility
Supply
#13
Which philosopher famously discussed the 'labor theory of property'?
John Locke
Adam Smith
Karl Marx
Jean-Jacques Rousseau
#14
What term describes the emotional distress caused by parting with possessions?
Clutter anxiety
Acquisition grief
Attachment distress
Separation anxiety
#15
What term refers to the economic principle that the marginal utility of a good declines as more of it is consumed within a given time period?
Diminishing returns
Law of demand
Utility maximization
Opportunity cost