The Relation Between Income and Health Can Be Summarized as So

question 31

Multiple Choice

The relation between income and health can be summarized as so:

• A)Absolute income predicts health outcomes for low levels of income,whereas income relative to those around one predicts health outcomes for high levels of income.
• B)There is a linear relation between absolute income and health,but a curvilinear relation between relative income and health.
• C)Income is largely unrelated to health once you control for dietary practices.
• D)Wealthy people have poor health because of all the stress they experience.
• E)More wealth will always cause more happiness,which causes people to be healthier.

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Definitions:

Preauthorized Payments

Automated payments set up to charge a bank account or credit card for recurring bills or subscriptions on a pre-set schedule.

Collection Float

The time period between when a check is deposited in a bank and when the funds are available in the account, impacting cash flow management.

Lockbox System

A lockbox system is a service offered by banks to companies for the receipt of payment from customers, utilizing a special post office box to speed up the collection and processing of check payments.

Lockbox System

A service offered by banks to companies for the receipt of payment from customers, involving the collection and processing of checks at a secure location.