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Pat Gives Up a $40,000 Per Year Job to Stay

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Pat gives up a $40,000 per year job to stay at home and take care of the house.By so doing,Pat saves $15,000 in child care and house cleaning services which he now performs himself.The direct effect on GDP from Pat's decision is a decrease of


Definitions:

Social Position

An individual's or group's status and role in society, determined by various factors such as occupation, class, gender, and ethnicity.

Double Shift

Refers to the phenomenon where individuals, especially women, work a paid job and then perform unpaid domestic work at home.

Soccer Practice

The scheduled training and preparation session for the sport of soccer, involving drills, exercises, and strategy discussion.

Cleans The House

A phrase indicating the act of tidying, organizing, and removing dirt from the interior of a house to maintain cleanliness and order.

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