The value of leisure time is
A) included in GDP and, in recent years, has become an increasing large part of GDP.
B) excluded from GDP.
C) zero.
D) directly included in GDP but, in recent years, has become a decreasing large part of GDP.
E) directly included in GDP and, in recent years, has not changed much as a fraction of GDP.
B
Economics
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If the consumer price index (CPI) is 200 one year and 206 the next year, the annual rate of inflation as measured by the CPI is approximately _____
a. 103 percent b. 1 percent c. 6 percent d. 3 percent e. 206 percent
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