Do you agree with Henry David Thoreauâ€s quote, â€œHappiness is like a butterfly; the more you chase it, the more it will elude you, but if you turn your attention to other things, it will come and sit softly on your shoulderâ€?
Can this relate to how much money you make? If you make more than $75,000 per year, will you be happier?
https://www.cnbc.com/2017/11/20/how-much-money-you-need-to-be-happy-according-to-wealth-experts.html (Links to an external site.)
Explain your answer using diminishing marginal utility.
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