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Are people happier when they spend their money

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Question: The study of happiness is a recurring theme in our course this semester. This article on happiness research appeared in The New York Times recently. To take part in this activity, you must read this article and answer a few questions about it.

Here is a link to the article: But Will It Make You Happy? (By Stephanie Rosenbloom)

After reading the article, please answer the following questions:

1. According to this article, are people happier when they spend their money on experiences or material objects?

2. Can people better avoid hedonic adaptation by purchasing one big pleasure or many small pleasures?

3. Does prolonging the anticipation of a purchase increase or decrease happiness with that purchase?

4. Identify a way that you can apply the information presented in this article to your own life. Be specific.

This activity is worth up to 5 points. To earn all 5 points, your answers must be correct, clear, concise, and free of typographical errors. They must also be directly relevant to the questions and written in your own words. Please be sure to submit your responses in .doc or .docx format.

Reference no: EM132263751

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