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

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When more and more women entered the labor force in the 1970s and 1980s, the economy’s potential output rose.

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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Macroeconomics

ISBN: 978-1259663048

10th edition

Authors: David C. Colander

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Question Posted: Dec 05, 2018 07:16 AM

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

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a To the extent that a larger labor force contributed to higher market ...View the full answer

Macroeconomics

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