How would you define the concept of welfare? If well-being is about happiness and satisfaction with life,

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How would you define the concept of welfare? If well-being is about happiness and satisfaction with life, how would you, as an economist, go about trying to define and quantify happiness and satisfaction with life? Is it possible to do so?

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Economics

ISBN: 9781473768543

5th Edition

Authors: Gregory Mankiw, Mark P. Taylor

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