Exploring Happiness and Wealth: The Lottery Effect

What was the main finding of the study on 22 lottery winners?

• Their happiness levels were lower than the control group.

• Their happiness levels decreased.

• Their happiness levels significantly increased.

• Their happiness levels remained the same as before.

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What is hedonic adaptation?

• The tendency to adapt to new situations to maintain emotional stability.

• The tendency to become happier with more wealth.

• The tendency to avoid new experiences.

• The tendency to become sadder with more wealth.

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How did people who suffered an accident that left them paralyzed report their happiness levels months after the accident?

• Their happiness levels were much lower than before.

• Their happiness levels were higher than before.

• Their happiness levels were the same as before.

• Their happiness levels were slightly lower than before.

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What is one reason why winning the lottery might not make someone happier in the long run?

• It always improves emotional well-being.

• It guarantees long-term happiness.

• It can lead to social isolation.

• It is easy to manage large sums of money.

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What behavior did wealthy players exhibit in the rigged game of monopoly?

• They shared snacks equally.

• They became more generous.

• They patronized poorer players and hogged snacks.

• They gave away their money.

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According to the findings, what type of spending tends to make people happier?

• Spending on material things.

• Spending on experiences.

• Investing in stocks.

• Saving all the money.

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What was the result of the study where participants were asked to spend money on themselves or others?

• Neither group experienced any change in happiness.

• Those who spent on themselves were happier.

• Those who spent on others were happier.

• Both groups were equally happy.

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What percentage of countries showed that people who donated were happier?

• 70%

• 90%

• 100%

• 50%

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What is one way to turn money into happiness according to the video?

• Spend it on other people.

• Invest it in real estate.

• Save it for future use.

• Spend it on material things.

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What question does the video end with?

• How to invest a million dollars?

• What to do with a million dollars?

• How to save a million dollars?

• How to spend a million dollars on yourself?

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