Question

jim recently received a large inheritance from a distant relative. based on research, it can be expected that: please choose the correct answer from the following choices, and then select the submit answer button. answer choices jim will initially be happy and will maintain his level of happiness as long as he has the money. jim will be happiest if he spends this money on himself. jim will initially be happy but will then adjust and need more to be happy. jim will be happiest if he gives it away.

Answer 1

The correct statement is Jim will initially be happy but will then adjust and need more to be happy.

We all require money to fulfill our needs and wants. When we don't have enough money then we focus only on meeting our basic needs with that amount of money. The basic needs include food, clothes, shelter, etc. So we would require the money to pay our bills, to pay for the grocery expenses, rent if any and so on. These are the things which form an important part of our life. These are our "needs."

When we have already spent on our basic needs, and still left with enough money, then we can think of buying something extra. We can go for shopping or shop online through different websites. We can go out for lunch or dinner.

We never get satisfied with whatever amount of money we have. We always want more.

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