A sharp increase in the divorce rate increases the number of lawyers hired to determine divorce settlements.This will
A)increase GDP and increase well-being in the economy.
B)increase GDP and decrease well-being in the economy.
C)decrease GDP and increase well-being in the economy.
D)decrease GDP and decrease well-being in the economy.

Question

Quizplus · Accepted Answer

An increase in the number of lawyers hired to determine divorce settlements will increase GDP as it contributes to the overall economic activity. However, the increase is not a sign of a healthy economy because it is a result of a negative event such as divorce. Divorce is often emotionally and financially draining for individuals and families, and therefore, it decreases well-being in the economy.

A Sharp Increase in the Divorce Rate Increases the Number