In Recent Years, People Have Benefited from Greater Amounts of Leisure

question 106

Multiple Choice

In recent years, people have benefited from greater amounts of leisure time. This trend

• A) has caused GDP to rise.
• B) has caused GDP to fall.
• C) made GDP fluctuate randomly
• D) is not accounted for in GDP.

---

Definitions:

Joint Venture

A business arrangement where two or more parties agree to pool their resources for the purpose of accomplishing a specific task or business activity.

Domestic Firm

A company that operates primarily within the borders of its home country, focusing on the production and sale of goods and services to local customers.

Foreign Company

A business entity that is incorporated in a country other than the one in which it operates or conducts its primary business activities.

Exporting

The act of selling goods or services produced in one country to buyers in another country.