Labor economists have an interesting way of looking at leisure time, and it should not come as a surprise to anyone at this time of the year. We call most things that we can buy “normal goods”, because more income generally leads us to buy more of such things. Along these lines, we recognize that leisure is actually a “normal good”, and something that is desired and, in a sense, “purchased” when we take time out to enjoy ourselves rather than use that time to work and earn money.
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