Which of the following statements is FALSE regarding wealth and well-being?

Question

Quizplus · Accepted Answer

While it is true that money can improve happiness during midlife working years, and that those who live in rich countries tend to be happier than those in poor countries, and that the power of more money to increase happiness is strongest at low incomes, it is not true that people feel as though they can never have enough money. In fact, studies have shown that beyond a certain point (usually around $75,000 annually), more money does not necessarily lead to greater happiness. Additionally, some people are able to find contentment and satisfaction with their current financial situation, regardless of how much or how little they have.

Which of the Following Statements Is FALSE Regarding Wealth and Well-Being