Recall the Application About the Link Between Happiness and GDP

question 58

Multiple Choice

Recall the Application about the link between happiness and GDP to answer the following question(s) . Comparing changes in happiness to changes in per capita income over the last 30 years, economists at Dartmouth College and Warwick University have measured levels of happiness in the United States and United Kingdom based on income levels, ethnicity, age, and gender.
-GDP calculations tend to exclude all of the following EXCEPT

• A) illegal transactions.
• B) environmental quality.
• C) work that people do for themselves in their own homes.
• D) salaries paid to government employees.

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Definitions:

Groupthink

A behavior pattern observed in groups in which the need for unity or agreement leads to unwise or flawed decisions.

Deindividuation

A psychological state of decreased self-evaluation and decreased evaluation apprehension causing anti-normative and disinhibited behavior.

Self-restraint

The ability to control one's emotions, desires, or actions through one's own will.

Cognitive Dissonance

The uneasiness experienced due to harboring more than one contradictory belief, idea, or value in tandem.