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If market output rises but people's leisure time falls, which conclusion is correct?

Answer and explanation

Correct answer: सकल घरेलू उत्पाद बढ़ सकता है, लेकिन जीवन गुणवत्ता घट सकती है

GDP counts the value of market production but does not directly assign a monetary value to lost leisure or the stress associated with longer working time. Consequently, output can rise while people’s non-market well-being and quality of life decline. Option D is correct. A assumes GDP and welfare always move together, B denies the value of leisure, and C contradicts the stated increase in output.

Related tags

LeisureTime UseQuality Of LifeGdpGdp And WelfareNational Income And Related AggregatesEconomicsClass 11 Mcq

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