The missing word in the statement above is: life satisfaction. Most middle-aged adults list life satisfaction as the most important factor in happiness. According to the experiments related to life satisfaction, people become older because they become wiser and more knowledgeable and they begin to see that life would be better. This is based from the psychologists, Yuval Palgi and Doc Shmotkin.
Cost is value that has been spent by the company to produce something. benefits are something that produces good or helpful results that promotes well being.
Explanation:
Cost is a product from the buyer's point of view and is called as price. the separation of group of expenses is done by cost classification. The classification system is used to bring certain costs that are considered crucial than others.
The types of cost include fixed cost, variable cost, semi variable cost, and total cost.
The benefits are something that produces good or helpful results that promotes well being. The advantage discounted price and benefits of museum membership. The benefits remove the risk of taking drugs.The benefits from federal government helps the people with a low income, cover basic expenses like food, housing and healthcare.
However, both ideas should be "tested" using "an empirical approach" to see if they hold up under scrutiny.
Empirical approach alludes to the logical strategy for inquiry and perception through experiments.
Psychology is additionally a science which is related to the thought behind empirical approach is to take your own convictions and inclinations out of the condition from real examinations. You should make determinations in view of empirical information and not what your feeling says.
Since, psychology manages sentiments and feelings, it is difficult to precisely quantify information. So it is more vital for clinicians to take after empirical approach before distributing any hypothesis or speculation.
Answer:
The Strategic politician hypothesis
Explanation:
Strategic politician hypothesis involves politicians knowing when to make certain moves concerning their political ambitions.
President Barack Obama's popularity sagging and a struggling economy, many quality Democratic candidates decided not to run in the 2014 elections because they felt it wasn’t the right time to do so in order to support their fellow Democrats in order not to lose power to the opposition.
