The Study Reported in Your Text of the Household Division

question 13

Multiple Choice

The study reported in your text of the household division of labor in 10 Western countries found

• A)in 5 out of 10 of the countries, women and men spend almost equal hours on unpaid household labor.
• B)women's unpaid household labor was less in the United States than in any of the other countries.
• C)women were responsible for the majority of unpaid household labor in all of the countries.
• D)men spent more time than women on unpaid household labor in Sweden.

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Definitions:

Budget Constraints

The limitations on the consumption choices of individuals or organizations due to limited resources.

Substitution Effect

The economic principle that as prices rise or incomes decrease, consumers will replace more expensive items with less costly alternatives.

Budget Constraints

The limitations on the consumption bundles that a consumer can afford based on their income and the prices of goods and services.

Law of Demand

The principle that, all other factors being equal, as the price of a product decreases, the quantity demanded of the product will increase, and vice versa.