22) The U.S. work week has declined from 60 hours in 1890 to 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.
22) The U.S. work week has declined from 60 hours in 1890 to 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.
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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I'm not sure if the answer would be A or C because GPD has increased since then.
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