Jane's Income Has Remained Stable Over the Past Few Years

Multiple Choice

Jane's income has remained stable over the past few years while the prices of things she buys have gone up. Nevertheless, Jane feels better off because the environment is cleaner, the crime rate has declined, she has more leisure time, and the quality of medical care has improved. If Jane's experience is typical, we can conclude that the standard of living has:

A) increased, but the quality of life has decreased.
B) increased, and so has the quality of life.
C) declined, but the quality of life has increased.
D) declined, and so has the quality of life.