According to the Berkeley Studies,the Best Predictor of Life Satisfaction

question 83

Multiple Choice

According to the Berkeley studies,the best predictor of life satisfaction in old age for women is

• A) personality in young adulthood.
• B) lifestyle in young adulthood.
• C) self-esteem in young adulthood.
• D) intelligence in young adulthood.

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Definitions:

Equilibrium Price

The price at which the quantity of a good or service demanded equals the quantity supplied, resulting in market balance.

Equilibrium Quantity

The quantity of goods or services that is supplied and demanded at the market equilibrium price.

Supply and Demand

Fundamental economic concepts that describe how the quantity of a good or service provided by producers and the quantity desired by consumers affect its price.

Equilibrium Quantity

The quantity of goods or services that is supplied and demanded at the equilibrium price.