Greater use of household machines increases families' leisure. What may be its effect on welfare?
Answer and explanation
Correct answer: More leisure may raise welfare
Leisure has value even when it is not sold in a market and therefore is not fully included in GDP. Household machines can reduce the time required for cooking, cleaning, or other routine tasks, leaving more time for rest, education, recreation, or family activities. These time benefits may improve quality of life and welfare. Thus option A is correct. The change does not necessarily reduce welfare, increase population, or make GDP wholly irrelevant.
Frequently asked questions
What is the correct answer to this question?
More leisure may raise welfare
Why is this the correct answer?
Leisure has value even when it is not sold in a market and therefore is not fully included in GDP. Household machines can reduce the time required for cooking, cleaning, or other routine tasks, leaving more time for rest, education, recreation, or family activities. These time benefits may improve quality of life and welfare. Thus option A is correct. The change does not necessarily reduce welfare, increase population, or make GDP wholly irrelevant.
Which subject and chapter does this question cover?
This is a Class 11 Economics question. Chapter: National Income and Related Aggregates. Topic: GDP and Welfare.