Answered step by step
Verified Expert Solution
Link Copied!

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

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Society, Economy, Religion And Festivals Of Tiwas In Assam

Authors: Bandana Baruah

1st Edition

9351288633, 9789351288633

More Books

Students also viewed these Economics questions