In revent years people have benefited from greater amounts of leisure time. This trend (1) has caused GDP to fall. (2) is not accounted for in GDP. (3) made GDP fluctuate randomly (4) has caused GDP to rise.

The correct answer is: **(2) is not accounted for in GDP.** **Explanation:** Gross Domestic Product (GDP) measures the total monetary value of all finished goods and services produced within a country's borders in a specific time period. However, GDP does not account for non-market factors such as leisure time. When people enjoy more leisure time, it doesn't directly translate into economic output that GDP can measure. Therefore, the increase in leisure time is not reflected in GDP figures. **Why the other options are incorrect:** 1. **Has caused GDP to fall:** While increased leisure time might lead to fewer work hours and potentially reduced economic output, this effect is not directly captured or necessarily significant enough to cause a measurable fall in GDP. 3. **Made GDP fluctuate randomly:** Leisure time trends are generally stable and would not cause random fluctuations in GDP. 4. **Has caused GDP to rise:** Increased leisure time doesn't directly contribute to higher economic production, so it wouldn't cause GDP to rise.