Standard-of-Living-vs-Quality-of-Life-economics-homework-help

Problem 11 in the “Problems to Ponder” at the end of chapter 1 asks:  Is one’s standard of living the same as one’s quality of life?  

Can a person be materially well-off (high standard of living), but unhappy (low quality of life)?  

Do you agree or disagree? Can you give an example?

(this is a discussion question, only 150 words)

 

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