When living standards rise because of an increase in GDP per capita,the amount of leisure time decreases.

Question

Quizplus · Accepted Answer

The statement is false. While an increase in GDP per capita may lead to more economic opportunities and a higher standard of living, it does not necessarily mean that leisure time will decrease. In fact, some argue that technological advancements and increased efficiency in the workplace could potentially lead to more leisure time. Additionally, individuals may choose to prioritize leisure time over work as living standards improve.

When Living Standards Rise Because of an Increase in GDP