The participation of women in the U.S. laborforce has risen dramatically since 1970.a

Chapter 10, Problem 10

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The participation of women in the U.S. laborforce has risen dramatically since 1970.a. How do you think this rise affected GDP?b. Now imagine a measure of well-being thatincludes time spent working in the home andtaking leisure. How would the change in thismeasure of well-being compare to the changein GDP?c. Can you think of other aspects of well-beingthat are associated with the rise in womenslabor-force participation? Would it bepractical to construct a measure of well-beingthat includes these aspects?

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