Suppose the government passes a law eliminating holidays resulting in increased, production of goods and services. Based on this scenario, which of the following statements is correct?

Question

Answer

GDP could either increase or decrease because GDP excludes leisure.

Answer

GDP could either increase or decrease because GDP includes leisure.

Answer

GDP would definitely increase, despite the fact that GDP includes leisure.

Answer

GDP would definitely increase because GDP excludes leisure.

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Suppose the government passes a law eliminating holidays resulting in increased,...

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