. The participation of women in the U.S. labor forcehas risen dramatically since 1970.a. How do you think this rise affected GDP?b. Now imagine a measure of well-being that includestime spent working in the home and taking leisure.How would the change in this measure of wellbeing compare to the change in GDP?
. The participation of women in the U.S. labor forcehas risen dramatically since 1970.a. How do you think this rise affected GDP?b. Now imagine a measure of well-being that includestime spent working in the home and taking leisure.How would the change in this measure of wellbeing compare to the change in GDP?
Brief Principles of Macroeconomics (MindTap Course List)
8th Edition
ISBN:9781337091985
Author:N. Gregory Mankiw
Publisher:N. Gregory Mankiw
Chapter5: Measuring A Nation's Income
Section: Chapter Questions
Problem 11PA
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Question
. The participation of women in the U.S. labor force
has risen dramatically since 1970.
a. How do you think this rise affected
b. Now imagine a measure of well-being that includes
time spent working in the home and taking leisure.
How would the change in this measure of wellbeing compare to the change in GDP?
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