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A survey has shown that 10% of the population have recently given up full time study to stay at home, raise children and perform home
A survey has shown that 10% of the population have recently given up full time study to stay at home, raise children and perform home duties. This will have the following implications:
No effect on unemployment.
No effect on the size of the labour force.
Raise GDP, since the social value of production carried out at home is greater than the social value of education.
both (a) and (b).
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