One Explanation for the Change in the Participation Rate of Married

question 150

Multiple Choice

One explanation for the change in the participation rate of married women in the U.S. labor force is that _____

• A) fewer women are being trained for household work by the public school system.
• B) the rapid growth in the service sector has increased job opportunities for women.
• C) the cost of professional day care has increased.
• D) couples are having more children.
• E) husbands earn more today than they did previously.

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Definitions:

Computer Software

Programs and operating information used by a computer to perform specific tasks.

Law Of Comparative Advantage

is an economic principle that states countries (or entities) gain when they produce goods and services for which they have a lower opportunity cost, leading to more efficient global production.

Low-Opportunity Cost Producer

An entity that can produce a good or service at a lower sacrifice of alternative goods compared to others.

Trading Nation

A country whose economy heavily depends on international trade, importing and exporting goods and services as a significant portion of its gross domestic product (GDP).