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According to rational expectations theory,forecast errors of expectations
Physical Well-Being
The health and fitness of the body, including factors such as nutrition, exercise, and absence of disease.
Subjective Well-Being
An individual's self-evaluated happiness or satisfaction with life, incorporating emotional reactions and cognitive judgments.
Older People
Refers to individuals who are typically aged 65 years and above, often considered to be in the later stage of their life.
Happiness
A state of well-being and contentment characterized by emotions ranging from contentment to intense joy.
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