Question

New large-scale studies conducted by Daniel Kahnemann and Angus Deaton suggest is a positive relationship between income and happiness the income threshold for happiness saturation appears to be more like $75 both - there is a positive relationship between income and life satisfaction and is a positive relationship between income and happiness there is a positive relationship between income and life satisfaction all of these - there is a positive relationship between income and life satisfaction

Answer 1

The student's question revolves around studies that suggest while there is a positive relationship between income and life satisfaction, happiness may not increase in a linear fashion with income after a certain threshold.

Step-by-step explanation:

The question pertains to the relationship between income and happiness, as well as between income and life satisfaction. Research by Daniel Kahnemann and Angus Deaton has suggested that there is a positive correlation between income and these factors, though happiness appears to reach a saturation point at a certain income threshold, speculated to be around $75,000 annually. Additional studies by Diener et al., Johnson & Krueger, and Quoidbach et al., corroborate the complexity of the relationship between financial success and psychological well-being. For instance, while earning more can improve one's evaluation of their life, it might not proportionally enhance emotional well-being. Furthermore, factors such as additional education and training can lead to higher income, which in turn may increase subjective well-being to an extent.