Regarding the Research on Happiness, Which of the Following Statements

question 239

Multiple Choice

Regarding the research on happiness, which of the following statements is FALSE?

• A) Happiness tends to come from within a person and is affected by one's culture, goals, choices, emotions, values, and personality.
• B) One's happiness is directly determined by the good and bad life events that happen to a person.
• C) Regarding happiness, the way situations are perceived, interpreted, and managed is as important as the nature of the situations themselves.
• D) People who are good at dodging life's hard knocks tend to create their own "luck" and tend to be happier.

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Definitions:

Classical Economists

Economists from the 18th and 19th centuries who focused on ideas of free markets, supply and demand, and the role of government in the economy.

Unemployment

A situation where individuals who are capable and willing to work are unable to find jobs.

Interest Rates

The percentage charged on the total amount of borrowed money, reflecting the cost of debt for the borrower and the return on investment for the lender.

Unintended Inventory Changes

Variations in stock levels that occur when actual sales differ from anticipated sales, not resulting from planned actions by businesses.