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The participation of women in the U.S. labor force has risen dramatically since 1970. True or False: This rise likely increased GDP in the United States. O True O False Now imagine a measure of well-being that includes time spent working in the home and taking leisure. True or False: The change in this measure of well-being would be equal to the change in GDP. O True O False

The participation of women in the U.S. labor force has risen dramatically since 1970. True or False: This rise likely increased GDP in the United States. O True O False Now imagine a measure of well-being that includes time spent working in the home and taking leisure. True or False: The change in this measure of well-being would be equal to the change in GDP. O True O False

Essentials of Economics (MindTap Course List)
Essentials of Economics (MindTap Course List)
8th Edition
ISBN:9781337091992
Author:N. Gregory Mankiw
Publisher:N. Gregory Mankiw
Chapter15: Measuring A Nation's Income
Section: Chapter Questions
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The participation of women in the U.S. labor force has risen dramatically since 1970. True or False: This rise likely increased GDP in the United States. O True O False Now imagine a measure of well-being that includes time spent working in the home and taking leisure. True or False: The change in this measure of well-being would be equal to the change in GDP. O True O False
Transcribed Image Text:The participation of women in the U.S. labor force has risen dramatically since 1970. True or False: This rise likely increased GDP in the United States. O True O False Now imagine a measure of well-being that includes time spent working in the home and taking leisure. True or False: The change in this measure of well-being would be equal to the change in GDP. O True O False
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Here, it is given that the US had experienced an increase in the number of women in the labor force since 1970.

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