Which of the following is one of the chief reasons for the change in the participation rate of married women in the U.S. workforce?
A) An increase in the marginal cost of working in the labor force
B) An increase in financial independence provided by jobs
C) An increase in the opportunity cost of household work
D) An increase in household appliances.
E) An increase in the time that women spend shopping.
Correct Answer:
Verified
Q1: Which of the following has displaced some
Q2: The term utility refers to _
A) satisfaction.
B)
Q3: A good or service has utility if
Q4: If real wage decreases, the opportunity cost
Q6: A household consists of _
A) a single-family
Q7: One explanation for the change in the
Q8: Households now produce _for themselves and demand
Q9: Households act as demanders when they demand
Q10: A household consists of _
A) a house.
B)
Q11: Economists assume that people try to maximize
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