Gallup Surveys Are Useful in Gathering Information About Well-Being

question 82

Multiple Choice

Gallup surveys are useful in gathering information about well-being. What is NOT true about their research and findings?

• A) People in some high-income countries such as Israel and Saudi Arabia report lower levels of positive emotion than those in low-income countries such as Kenya and India
• B) The best days of the year are weekends and holidays
• C) They have surveyed people in more than 150 countries
• D) Americans don't like to respond to their surveys, so the numbers of responders are decreasing.

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Definitions:

Hidden Action

A situation in which an agent's actions are not fully observable by the principal, potentially leading to moral hazard.

Moral Hazard

A situation where one party engages in risky behavior knowing that it is protected against the consequences, often due to an asymmetry of information or a misalignment of incentives.

Imperfectly Monitored

A situation where there is insufficient oversight or observation, often leading to non-compliance or deviation from expected standards.

Tenure

The status of having a permanent position or employment, often used in the context of academic positions.