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n5bizshifts-trends.
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According to Professor Glenn Firebaugh; ???relative income??? is a better predictor of happiness than ???absolute income?????? Experiments suggest that what matters most is not income per-se but income relative to the income of one???s peers; people tend to compare themselves to others of the same age resulting in a hedonic treadmill, because incomes rise over most of the adult lifespan??? Rather
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