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The participation of women in the U.S. labor force has risen dramatically since 1970.a. How do you think this rise affected GDP?b. Now imagine a measure of well-being that includes time spent working in the home and taking leisure. How would the change in this measure of well-being compare to the change in GDP?c. Can you think of other aspects of well-being that are associated with the rise in women's labor-force participation? Would it be practical to construct a measure of well-being that includes these aspects?
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Chapter 23
Measuring a Nation's Income
The Data of Macroeconomics
The Real Economy in the Long Run
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Women in Labor Force The p…
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