Related to the Economics in Practice on Page 25: Which

question 96

Multiple Choice

Related to the Economics in Practice on page 25: Which one of the following occurs when an individual enters the paid work force?

• A) The opportunity cost of time for housework increases, because time spent on housework could be spent on money-earning activities.
• B) The opportunity cost of time for housework increases, because money earned at a job can allow individuals to pay someone to do household chores that the individuals used to do themselves.
• C) The opportunity cost of time for housework decreases, because increased earning power makes individuals less likely to do their own housework.
• D) The opportunity cost of time for housework decreases, because as more people enter the work force, businesses have greater incentives to develop innovations that make housework more efficient.

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Definitions:

Hemodialysis

A process whereby blood is passed through a thin membrane and exposed to a dialysate solution to remove waste products.

Efferent Arteriole

A blood vessel that carries blood away from the glomerulus of the kidney after filtration has occurred.

Glomerulus

The microscopic cluster of capillaries within the Bowman’s capsule of the nephron.

Overflow Incontinence

A condition characterized by the involuntary release of urine due to the bladder being too full, often because it cannot empty properly.