True/False

According to the economic view that technological progress drives long-term societal change, the observed trend of people working fewer hours over their lifetime is primarily a result of a decline in the demand for labor rather than a voluntary choice by individuals to enjoy more leisure time.

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Updated 2025-08-15

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Introduction to Microeconomics Course

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Ch.3 Doing the best you can: Scarcity, wellbeing, and working hours - The Economy 2.0 Microeconomics @ CORE Econ

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