The U.S.work week has declined from 60 hours in 1890 to fewer than 40 hours today.The impact of the decline in working hours
A)increases U.S.GDP and increases the well-being of a typical working person in the U.S.
B)increases U.S.GDP and decreases the well-being of a typical working person in the U.S.
C)decreases U.S.GDP and increases the well-being of a typical working person in the U.S.
D)decreases U.S.GDP and decreases the well-being of a typical working person in the U.S.

Question

Quizplus · Accepted Answer

The decline in working hours has led to an increase in leisure time for workers, which can increase their well-being. However, it may also decrease GDP as fewer hours are worked. Additionally, productivity may increase due to the fact that workers are less fatigued and have more time to rest and recuperate. Therefore, the combination of increased well-being and potential productivity gains can lead to a net positive impact on the economy and the well-being of a typical working person in the U.S.

The USwork Week Has Declined from 60 Hours in 1890 to to Fewer