Answered step by step
Verified Expert Solution
Question
1 Approved Answer
13. The global evaluation of life satisfaction is A. A measure of how people feel about their lives B. A measure of how people think
13. The global evaluation of life satisfaction is
- A. A measure of how people feel about their lives
- B. A measure of how people think about their lives
- C. A measure of daily ups and downs we all experience
- D. The best way to capture human happiness
14. The experience sampling method of measuring happiness involves
- A. The cognitive evaluation of people's well-being
- B. An electronic device that activates randomly during the day
- C. The list of all activities people engage in during the course of the day
- D. A method of sampling people's happiness over time
15. The GNH index is constructed in such a way that
- A. Index will increase only if a percentage of happy people increases
- B. Index may increase even if a total percent of happy people does not change
- C. Index may increase because a percent of unhappy people increases
- D. All of the above
16. According to GNH methodology
- A. A person is happy if they pass the sufficiency thresholds in all of the important domains
- B. The proportion of happy people is the most relevant metrics for policy evaluation
- C. Most people in Bhutan are classified as happy
- D. The index captures the distance from the sufficiency threshold among those not yet happy
17. One should be cautious to conclude that volunteering increases happiness because:
- A. People's income could be correlated with happiness and volunteering
- B. Extroverted people are more likely to volunteer and be happier
- C. Reverse causality because happy people are more likely to volunteer
- D. All of the above
18. An empirical method used to correct for the fact that some individual characteristics that can affect happiness do not vary over time is called
- A. Panel data
- B. Ordinary Least squares
- C. Fixed effects
- D. All of the above
19. Which of these statements is correct?
- A. Married people are generally happier than single
- B. Happier people are more likely to get and stay married
- C. The relationship between age and happiness is U-shaped
- D. All of the above
20. According to the Becker theory of marriage
- A. Couples which have more similar incomes should be happier
- B. Couples in which the wage differential is larger should be happier
- C. Specialization is not possible if one of the people does not work outside of home
- D. Women who stay home are generally happier than those who work
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started