Ch28 The Economics Of Happiness Flashcards
0
Q
Define the economics of happiness?
A
Investigates exactly what contributes to welfare and attempts to out values on some of these factors.
1
Q
What is the correlation between GDP and happiness?
A
Low level income, slight correlation
High level income, no correlation
2
Q
What other 4 main factors can affect happiness?
A
Relationships
Work
Health
Trust
