Homework Answers
No.
Firstly if leisure time can increase GDP, higher unemployment would be desirable because most of the unemployed workers enjoy a great leisure. It is true that when we enjoy leisure, we are not earning money and so we let the go the consumption we could have and thereby by were able to increase GDP but due to our leisure activity we do not earn and do not spend. Hence potential GDP is reduced. The statement is contradicting itself and so it is false.
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