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As real U.S.GDP increases, U.S.income increases and so
Sensation-Seeking
The desire to participate in highly arousing activities; it is especially common in early and mid-adolescence.
Highly Arousing Activities
Activities that intensely stimulate the emotional or physical state, causing heightened alertness or excitement.
Engagement-Seeking
The tendency to seek out interaction, stimulation, or involvement with others or one's environment as a means of fulfilling personal, social, or psychological needs.
Emotional Warmth
A personal quality characterized by genuine love, care, and kindness towards others, often creating a sense of comfort and safety.
Q5: The long-run Phillips curve is a vertical
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