3. Describe in details how GNH index of Bhutan is constructed a. List domains b. Describe the indicators in general and give an example of one specific indicator c. Describe two thresholds d. Give the formula with explanation of each variable for full credit

3 4. You have collected data on UH student's well-being. You present it to the Chancellor in order to promote a new policy to improve student's happiness. However, he is skeptical of these measures because they are based on subjective responses. What different ways can you use to convince him or her that your measures are reliable (you have all the resources you need)? 5. Based on the new Economics of Happiness Research, what policies would you recommend the government to implement? List top 2-3 policies and for each policy explain the research-based reasons for the choice.