Question

The portion of women in the workforce has nearly doubled since 1950. As a result, more women have a measured wage. How has this trend impacted GDP per capita? O Even though total labor hours contributed by women are the similar across time, GDP per capita today is higher because those labor hours are now priced. O It is impossible to compare the 1950s to now because most women were unemployed then. O The share of GDP attributable to women has declined. O The GDP per capita in 1950 is overestimated relative to today because most women were paid by their husbands under the table.

Answer 1

a) "A"

Women were working even then but that was mostly unpaid household works that was not accounted in the GDP, now it is part of the GDP,that increases the GDP per capita. The answer is "A".

b) "A"

To reach a deflation the demand in the market should be subdued for a long time and there should be an increase in the unemployment.