According to Kahneman and colleagues' (2006) study, if one were to compare individuals earning $50,000-$89,999 with those in the $90,000+ income bracket, what trend would be observed and how might one account for this trend?
A) Well-being would be higher in the $90,000+ group because these individuals have more leisure time.
B) Well-being would be higher in the $50,000-$89,999 group because these individuals have a healthier work-life balance than their wealthier counterparts.
C) Well-being would be equal in the two groups because judgments of relative wealth as well as increased tension moderate the effects of increased income in the $90,000 group.
D) Well-being would be equal in the two groups because social isolation limits the potential benefits to well-being of an income greater than $90,000.
Correct Answer:
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