1.21. When more and more women entered the labor force in the 1970s and 1980s, the economys...

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1.21. When more and more women entered the labor force in the 1970s and 1980s, the economy’s potential output rose. (LO25-4)

a. To the extent that real output rose because of their entry into the labor market, what was the effect on measured GDP?

b. What was the impact on welfare?

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Economics

ISBN: 9781259193156

10th Edition

Authors: David Colander

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Question Posted: Oct 17, 2024 02:00 AM

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1.21. When more and more women entered the labor force in the 1970s and 1980s, the economys...

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Economics

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