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10 October, 14:46

Leisure is Select one: a. a good that is not counted in GDP. b. a good that is counted in GDP. c. neither a good nor a bad, and it is not counted in GDP. d. a bad as far as economists are concerned, because it is not tangible.

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  1. 10 October, 15:14
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    a. a good that is not counted in GDP.

    Explanation:

    Leisure is not counted in GDP if the leisure activity does not have a market value, and is not exchanged in the markeplace.

    For example, going for a walk, or sitting at a park to read are leisure activities that are not considered economically productive, and therefore, are not counted in GDP.
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Home » Business » Leisure is Select one: a. a good that is not counted in GDP. b. a good that is counted in GDP. c. neither a good nor a bad, and it is not counted in GDP. d. a bad as far as economists are concerned, because it is not tangible.
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