Wealthy People Report Being Less Happy Than Those of Modest

question 142

True/False

Wealthy people report being less happy than those of modest means.

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Definitions:

Biological Children

Offspring genetically related to their parents, distinguishing from adopted or stepchildren.

Sole Physical Custody

a legal arrangement wherein one parent is granted the exclusive right to have the child live with them; the other parent may have visitation rights.

Joint Legal Custody

A legal arrangement whereby both parents share the rights and responsibilities to make decisions about their child's upbringing, including education, healthcare, and religious instruction.

Economic Downturns

Periods when economic activity is declining, leading to reduced consumer spending, employment, and business investment.