TEST YOUR KNOWLEDGE LESSON 1 KATRINA STRIKES Click

TEST YOUR KNOWLEDGE LESSON 1: KATRINA STRIKES Click on the letter of your choice to test your understanding. A B C

Lesson 1: Katrina Strikes QUESTION 1 NATURAL DISASTERS: A • Are naturally occurring events that can cause severe threats to the public health. B • Only occur in coastal regions and cause severe threats. C • Are known mainly for intense winds, significant rain, and dangerous conditions.

Lesson 1: Katrina Strikes QUESTION 2 IN MANAGING RISK, YOU MUST CHOOSE TO: A • Plan, prepare, and predict the risk. B • Accept, reduce, avoid, or transfer the risk. C • Implement, review, revise, or repeat the risk.

Lesson 1: Katrina Strikes QUESTION 3 AN EMERGENCY FUND SHOULD BE A MINIMUM OF: A • 1 -2 months of living expenses B • 3 -6 months of living expenses C • 9 -12 months of living expenses

Lesson 1: Katrina Strikes QUESTION 4 GOALS ARE CATEGORIZED AS: A • Limited and unlimited. B • Short-, intermediate-, and long -term. C • Costs and benefits.

Lesson 1: Katrina Strikes QUESTION 5 SMART GOALS ARE: A • Specific, Measurable, Attainable, Realistic, Time Bound. B • Specific, Manageable, Attainable, Realistic, Time Bound. C • Specific, Mentionable, Attainable, Realistic, Time Bound.

Lesson 1: Katrina Strikes QUESTION 6 WITH GOALS, IT IS IMPORTANT TO: A • Plan, prepare, predict. B • Hold steady, be rigid, keep the course. C • Implement, review, revise, repeat.

Lesson 1: Katrina Strikes QUESTION 7 IN DIFFERENTIATING BETWEEN WANTS AND NEEDS, WE COMMONLY SAY THAT: A • Basic needs are necessary to live, and wants are things that we would like or desire. B • All needs and wants must be met in order to live productive lives. C • It is more important to meet our wants than our needs.

Lesson 1: Katrina Strikes QUESTION 8 SCARCITY INVOLVES: A • Unlimited wants and unlimited resources. B • Limited wants and unlimited resources. C • Unlimited wants and limited resources.

Lesson 1: Katrina Strikes QUESTION 9 AN OPPORTUNITY COST IS: A • Every other alternative that is given up when a decision is made. B • The alternative that is selected when a decision is made. C • The highest-valued alternative that is given up when a decision is made

Lesson 1: Katrina Strikes QUESTION 10 PEOPLE MAKE DECISIONS BY: A • Choosing the alternative with the least short-term costs. B • Selecting the alternative for which they perceive the least benefits relative to the costs. C • Weighing the costs and benefits of alternatives.

Lesson 1: Katrina Strikes THANK YOU FOR PARTICIPATING IN “TEST YOUR KNOWLEDGE”