Soraya has been unemployed for several months and is just barely able to meet her basic needs. Layla, on the other hand, is gainfully employed and doing quite well financially. Based on research about the relationship between money and happiness, we can expect:

Question

Quizplus · Accepted Answer

Research indicates that money has a diminishing marginal utility on happiness. For individuals struggling to meet basic needs, like Soraya, an increase in income can significantly improve happiness by alleviating stress and insecurity. For those already well-off, like Layla, additional income has a much smaller impact on happiness.

Soraya Has Been Unemployed for Several Months and Is Just