Which of the following statements regarding happiness is LEAST accurate?
A)Subjective feelings are more important than objective realities.
B)When it comes to happiness, everything is relative.
C)Increases in income generally bring increases in happiness.
D)Objective realities are not as important as subjective feelings.

Question

Which of the following statements regarding happiness is LEAST accurate? ​
A)Subjective feelings are more important than objective realities.
B)When it comes to happiness, everything is relative.
C)Increases in income generally bring increases in happiness.
D)Objective realities are not as important as subjective feelings.

Quizplus · Accepted Answer

Increases in income generally bring increases in happiness only up to a certain point, after which additional income has a much smaller effect on happiness. This concept is often referred to as the diminishing marginal utility of income.

Which of the Following Statements Regarding Happiness Is LEAST Accurate