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QUESTION

Concepts, ideas, opinions, feelings, and other intangible entities are often labeled as "insubstantial phenomena.

Concepts, ideas, opinions, feelings, and other intangible entities are often labeled as "insubstantial phenomena." Select one of the following 3 phenomena that would be considered insubstantial, and explain two different ways — one qualitative and one quantitative — that you might measure it: a) the closeness of undergraduates' social network friends; b) the "campus climate" at your university; c) "irrational exuberance" about the stock market.

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