Deck 4: Resources

Question 1

According to the book,the most likely time for women's friendships to fall off is between the ages of:

A)15-20
B)25-40
C)45-50
D)51-60

Answer 1

B

Question 2

Skills,talents,and abilities that people possess can be categorized best as:

A)Human resources
B)Tangible resources
C)Capital resources
D)Financial resources

Answer 2

A

Question 3

Resource-Advantage Theory developed by Shelby Hunt includes the ideas of family competence or household competence and that __________ is part of family resource management.

A)Competition
B)Cooperation
C)Companionship
D)Cognition

Answer 3

A

Question 4

__________ cannot be touched; examples include integrity,confidence,and literacy.

A)Tangible resources
B)Intangible resources
C)Societal resources
D)Familial resources

Question 5

According to the book,the characteristic way an individual or family manages resources is shaped by 5 forces,which of the following is not one of them.

A)Psychological/personality
B)Economic
C)Technological
D)Cognitive

Question 6

The artist Pablo Picasso sketched a woman tourist and charged her a lot for just a few minutes work.By his response,this is an example of:

A)Overcharging
B)Getting paid for one's life experience,expertise
C)Agreement on the woman's part about "fair value"
D)Material resources

Question 7

The worth of __________ tends) to be undervalued in our society.

A)Internal exchanges
B)Abundance
C)Scarcity and risk
D)Tangible goods

Question 8

________ recognizes that obtaining any scarce good involves a cost which affects behavior and goal setting.

A)The Dagher Theory
B)Fiduciary thinking
C)The Nish-Byer Theory
D)Economic thinking

Question 9

__________ are what is available to be used.They produce valued results.They are assets used to satisfy some need.

A)Resources
B)Goals
C)Values
D)Attitudes

Question 10

___________ is the ability to recognize and use resources effectively.

A)Efficiency
B)Intuition
C)Helpfulness
D)Resourcefulness

Question 11

The ______________ Resource Model illustrated in the book shows the interdependence of resources,how they exchange.

A)Foa & Foa
B)Elbing
C)Hertford & Myers
D)Eccles & Ward

Question 12

In economics,________ means a shortage or insufficient amount of supply.

A)Scarcity
B)Supply considerations
C)Leveraging
D)Risk

Question 13

_________ is the value,worth,applicability,productiveness or usefulness of a resource.

A)Utility
B)Marketability
C)Credit
D)Cache

Question 14

__________ is starting to challenge the United States regarding the reputation of being a top throwaway society or of being a heavy consumer society.

A)Brazil
B)Columbia
C)Thailand
D)China

Question 15

___________ is the highest valued alternative that must be sacrificed to satisfy a want or attain something.

A)Intangible resource
B)Choice
C)Opportunity cost
D)Availability