Is ones standard of living the same as ones quality of life


Discussion:

Problem in the "Problems to Ponder" at the end of chapter 1 asks: Is one's standard of living the same as one's quality of life?

Can a person be materially well-off (high standard of living), but unhappy (low quality of life)?

Do you agree or disagree? Can you give an example?

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Microeconomics: Is ones standard of living the same as ones quality of life
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