
Economics of Macro Issues 7th Edition by Roger LeRoy Miller,Daniel Benjamin
Edition 7ISBN: 978-0134018959
Economics of Macro Issues 7th Edition by Roger LeRoy Miller,Daniel Benjamin
Edition 7ISBN: 978-0134018959 Exercise 2
Over the past forty years, growing numbers of women have entered the labor force, becoming employed outside the home. As a result, many women now hire people to do household tasks (such as childcare and house cleaning) that they used to do themselves. What impact does this "hiring out" of household tasks have on measures on GDP? Explain.
Explanation
GDP has gone up as more women workers st...
Economics of Macro Issues 7th Edition by Roger LeRoy Miller,Daniel Benjamin
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