During the summer months, many families go hiking, camping, and fishing at national parks.This is an example of
A)aggregate demand for the outdoors.
B)the incentive to work hard, play hard.
C)underground economic activity.
D)the implicit value of leisure time.

Question

Quizplus · Accepted Answer

This scenario exemplifies the implicit value of leisure time, as families are willing to spend their time and resources to engage in outdoor recreational activities during their leisure time.

During the Summer Months, Many Families Go Hiking, Camping, and Fishing