Recall Application 3, "Social Norms, Unemployment ,and Perceived Happiness," to answer the following questions:
-According to the application, people's well- being declined when:
A) they become unemployed
B) others around them become unemployed.
C) their wages decrease.
D) both A and B are correct.

Question

Quizplus · Accepted Answer

The application states that people's well-being declined when they become unemployed and others around them become unemployed. Therefore, both A and B are correct. Although the application does not explicitly state whether a decrease in wages contributes to declining well-being, it does suggest that social norms around employment and status may play a role in individual well-being.

Recall Application 3, "Social Norms, Unemployment ,And Perceived Happiness," to Answer