Research by Richard Layard indicates that happiness
A. increases as output per capita increases.
B. decreases as output per capita increases.
C. does not change as output per capita changes.
D. appears to depend on peoples relative incomes.
Answer:D
Research by Richard Layard indicates that happiness
A. increases as output per capita increases. B. decreases as output per capita increases. C. does not change as output per capita changes. D. appears to depend on peoples relative incomes.