A wage increase of $3000 per year is most likely to increase the happiness of people who currently earn ________ per year.
A) $12,000
B) $25,000
C) $40,000
D) $75,000

Question

Quizplus · Accepted Answer

A $3000 increase on a $12,000 salary represents a 25% increase in income, which is likely to have a more significant impact on the happiness of someone at this income level compared to those earning more, for whom the same amount would represent a smaller percentage increase.

A Wage Increase of $3000 Per Year Is Most Likely