- 18+ aged, general public, USA, 1974
- N = 1064
- Non Response:
- Authors's label
- Subjective/objective adeqacy fit.
- Our Classification
- Subjective income adequacy: closed question: "Do you feel that your total family income is enough for you and your family to live as comfortably as you would like? Would you say very comfortably, comfortably, not too comfortably, or not at all comfortably?"
Objective income adequacy ratio = standard budget, moderate level * adjustment for geographic region * adjustment for family composition
Observed Relation with Happiness
SA > OA Mt' = 8.6
SA = OA Mt' = 8.5
SA < OA Mt' = 8.0
SA << OA Mt' = 7.4
No significant difference between first three steps: all other significant.