Income and Happiness Trends Graph Analysis
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Questions and Answers

What does the blue line on the graph represent?

  • Percentage of Americans reporting high happiness
  • Degree of pain avoidance
  • Average per-person after-tax income (correct)
  • Qualitative research methods
  • What is the range of the y-axis on the graph?

  • $1,000 to $100,000 in $10,000 increments
  • $5,000 to $50,000 in $5,000 increments (correct)
  • $1950 to $2020 in increments of 10
  • $10,000 to $60,000 in $5,000 increments
  • Why does the text mention that Americans’ reported happiness has remained almost unchanged?

  • Because of a significant increase in qualitative research methods
  • As a result of a change in the pain avoidance levels
  • Due to a decrease in income over the years
  • Despite a nearly tripled average buying power since the 1950s (correct)
  • What type of data does the graph depict?

    <p>Quantitative data represented using dollar amounts</p> Signup and view all the answers

    Why does the orange line on the graph remain generally flat?

    <p>As a representation of the percentage of happy Americans</p> Signup and view all the answers

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