Question: For a long time, economists did not include housework in their analyses. In what respect was this omission justified, or not justified?

For a long time, economists did not include housework in their analyses. In what respect was this omission justified, or not justified?

Step by Step Solution

★★★★★

3.35 Rating (158 Votes )

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock

Perhaps the central reason housework was not included in economic analyses was that hist... View full answer

blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Document Format (1 attachment)

Word file Icon

866-B-E-D-S (3262).docx

120 KBs Word File

Students Have Also Explored These Related Economics Questions!

Q:

In 1993, Alabama emerged victorious as the site of Mercedes-Benz AGs first U.S. car plant. States like Alabama are vying more desperately than ever to lure new industrial jobs and hold on to those...

Q:

For each of the following brief scenarios, assume that you are reporting on a clients financial statements. Reply as to the type(s) of opinion (per below) possible for the scenario. In addition: ...

Q:

In 1989, the U.S. Department of Justice Criminal Division discovered a massive inventory fraud that was being conducted by managers at MiniScribe Corporation. MiniScribe manufactured and sold...

Q:

After reading CHAPTER 9 below, please answer the following question: QUESTION: What are your questions about what the author Michael J. Sandel is doing in chapter 9 , of his book " Justice " ? I...

Q:

After reading CHAPTER 9 below, please answer the following question: QUESTION: What are your questions about what the author Michael J. Sandel is doing in chapter 9 , of his book " Justice " ? I...

Q:

After reading CHAPTER 9 below, please answer the following question: QUESTION: What is the dilemma with loyalty ? I am looking for the way the author Michael J. Sandel considered this question in...

Q:

After reading CHAPTER 9 below, please answer the following question: QUESTION: What is the dilemma with loyalty ? I am looking for the way the author Michael J. Sandel considered this question in...

Q:

JOURNAL-WRITING: Focus on discussing the "Dilemma of Loyalty" , from Chapter 9 below of the book " Justice ", by author Michael J. Sandel . As always, please remember to show that you perfectly...

Q:

i need question uploaded in last picture READING 5.1 The Greed Cycle: How Corporate America Went out of Control JOHN CASSIDY through accounting skulduggery that exag. In this essay, John Cassidy,...

Q:

Strategic Leadership Real Life Case Study Assignment (Individual Basis) Purpose of the learning activity: This project will allow the students to use the concepts of Strategic Leadership learned over...

Q:

What are the distribution channel alternatives for a weather service? A souvenir shop? A marriage counselor?

Q:

Which of the following statements could be true regarding polar molecules? Choose one or more: A polar molecule will not contain polar bonds. A polar molecule may have one or more lone pairs. A polar...

Q:

In order to better distinguish the crediworthiness of borrowers, bank loan officers will often ask detailed financial questions and find ways to invite loan applicants for multiple meetings. What is...

Q:

2.47 step Policy justification: Pragmatic vs. moral. How does a leader's justification of his/her organization's policy affect support for the policy? This study compared a moral, pragmatic, and...

Q:

The following table shows the supply schedule for Rolling Rock Oil Co. Plot Rolling Rock's supply curve on a graph. Price Quantity Supplied (dollars per barrel) (barrels per month) $5 .............

Q:

The following table shows the supply schedules for Rolling Rock and two other petroleum companies. Armadillo Oil and Pecos Petroleum. Assuming these three companies make up the entire supply side of...

Q:

If the price of corn rose, a. What would be the effect on the supply of corn? b. What would be the effect on the supply of wheat?

Q:

If Barbara Guarin is single and in the 25% tax bracket, calculate the tax associated with each of the following transactions. (Use the IRS regulations for capital gains in effect in 2008.) EXHIBIT...

Q:

You buy 50 shares of ABC stock at $30/share; stock currently pays $3/share in annual dividends. Price of the stock increases at 20%/year and dividends grow at 10%/year. If you participate in DRIP,...

Q:

Assume an economy in which there are three securities: Stock A with rA = 10% and A = 10%; Stock B with rB = 15% and B = 20%; and a riskless asset with rRF = 7%. Stocks A and B are perfectly negativly...