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Quiz questions (week 1 -5) Money & Financial Behavior
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Quiz questions (week 1 - 5) Money & Financial Behavior
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By: MNoten • 1 year ago
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Quiz questions Money and financialWeek 1 - Money and materialism
1. By arguing that there is a biological basis for the human desire for money, Lea
& Webley mean that the desire for money:
Is likely to be a by-product of another motivational tendency that is adaptive.
2. What is the core reason that makes money a drug according to Lea & Webley?
The desire for money is a functionless motivation.
3. What neuro-economic finding supports a drug-theory of money?
Monetary incentives stimulate brain regions associated with immediate reward.
4. Which two motives universal among humans manifest themselves in modern
cultures as a desire for money according to Lea & Webley?
Reciprocity and object play.
5. Which theory has trouble explaining the use of non-tangible (e.g., digital)
money?
Drug theory
6. According to Lea & Webley, ‘commodity’ or ‘metallist’ accounts of money are a
version of:
Drug Theory
7. Which of the following statements are consistent with a tool-theory of money?
- Money can be used to attain social status.
- Money can be used to light cigars.
- Money can be used by children in object play
NOT: Money cannot be used as a gift for one’s mother.
8. What motive of conspicuous consumption underlies a ‘Bandwagon-Effect’?
Preserving self-esteem.
9. What pattern of conspicuous consumption dominated traditional societies?
Veblen effects.
10. What patterns of conspicuous consumption dominated post-affluent societies?
Snob effects.
Veblen effects.
NOT: Bandwagon effect
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