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Explain the given statement result

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Reference no: EM131561612

Question: According to a 2010 study by economists Angus Deaton and Nobel Prize winner and psychologist Daniel Kahnerman, "High incomes doesn't bring you happiness. The further a person's household income falls below $75,000, the unhappier he or she is. But no matter how much more than $75,000 people make, it doesn't bring them any more joy." Do you agree? How do you explain these results?

Reference no: EM131561612

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