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Economics of Money and Happiness

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Apply the basic concepts and "big ideas" of economics to the relationship between money and happiness.

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The response addresses the queries posted in 410 words with references on economic of money and happiness.

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The response addresses the queries posted in 410 words with references.

// Money is a very important part of the economy of any country. It brings development in the society and helps people to increase their standard of living. In this section, we are going to discuss about the relationship between money and happiness in the economy of the country.//

Money and happiness

Money plays an important role in the life of any person. It determines the purchasing power of individuals in the economy. When a person has money with him, he can buy any goods or services which can fulfill his needs or demand. In this modern time, no one ...

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