In Recent Decades Women Have Worked More Hours In Paid Jobs And Fewer Hours In U

In recent decades, women have worked more hours in paid jobs and fewer hours in uppaid housework.a: Explain how this increase in work hours affect GDPb: Expalin why this increase in measured GDP will overstate the true increase in output. Also explain how a set of augmented national accounts in which includes home production would treat this change from nonmarket work to market work.c: Explain the paradox, “When a person marries his or her gardener, GDP goes down.”

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