Question

In: Economics

Please read the Making the Connection article on page 53. Accordingto the U.S Bureau of labor...

Please read the Making the Connection article on page 53. Accordingto the U.S Bureau of labor statistics, the amount of time men devote to housework has been increasing, while the amount of time women devote to housework has been decreasing. Briefly explain whether there is an economic explanation for these trends

Solutions

Expert Solution

The only thing that we could think of is that more and more women are now entering theworkforce. Unlike 50 to 60 years ago when women were not expected to go to college and simply be a stay-at-home mom. Nowadays, especially in the U.S. it is very common for the husband and wife to have jobs outside the home and in a way, it is practical and fair to split the housework.Due to increase in accommodation and greater support from employer and recognition of higher demanding for certain skills set and traits possessed in women, they are more likely to be accepted in work force nowadays. So, the opportunity cost for working instead of staying home as housewife and devote her entire time and labor in house chores is more expensive, in addition to theaid of advanced appliances and technology, the house chores take less time now of the day and it is more efficient to help divide them between husband and wife because of double income advantage. Both are working and making money at the same time, so the amount of time available after work is almost the same due to the fact that wife is now also working and contributing to the employment force and family financially. So, it's making sense if wife can work and husband helps house chore to increase efficiency and economic benefit to the family and society.


Related Solutions

1.17 [Related to the Making the Connection on page 77] An article in the Wall Street...
1.17 [Related to the Making the Connection on page 77] An article in the Wall Street Journal in 2013 was titled “In India, iPhone Lags Far Behind.” According to the article, the difficulty Apple was having selling iPhones in India was “no small matter as Apple’s growth slows in the U.S. and other mature markets.” a. What does the article mean by “mature markets”? b. Why would sales of iPhones be likely to be slower in mature markets than in...
a) The U.S. Bureau of Labor Statistics reports that 11.5% of U.S. workers belong to unions....
a) The U.S. Bureau of Labor Statistics reports that 11.5% of U.S. workers belong to unions. Suppose a sample of 300 U.S. workers is collected in 2014 to determine whether union efforts to organize have increased union membership. The sample results show that 49 of the workers belonged to unions. Compute the test statistics. b) The U.S. Bureau of Labor Statistics reports that 10% of U.S. workers belong to unions. Suppose a sample of 400 U.S. workers is collected in...
Please read the article "The Smartest Machines Are Playing Games" on page 34 of April 3...
Please read the article "The Smartest Machines Are Playing Games" on page 34 of April 3 - April 9, 2017 Issue of Bloomberg Businessweek. You can download a copy of this article by searching the title in UHV online library. Does the AI trend described in the article has any implications for the healthcare industry? Please explain.
Please read the short article "Making the Case for a Higher Minimum Wage" by Arindrajit Dube,...
Please read the short article "Making the Case for a Higher Minimum Wage" by Arindrajit Dube, this can be found via milkenreview on the search engine. Please write a 400 word analysis of the text with your economic background. There is not particular questions you have to answer, state what you found interesting, surprising, or confusing. Make connections of the text. Avoid summary as much as possible. Thank you, and I will thumbs up a good answer.
1. The U.S. Bureau of Labor Statistics reports that 11.6% of U.S. workers belong to unions....
1. The U.S. Bureau of Labor Statistics reports that 11.6% of U.S. workers belong to unions. Suppose a sample of 397 U.S. workers is collected in 2014 to determine whether union efforts to organize have increased union membership. The sample results show that 51 of the workers belonged to unions. Compute the test statistics. 2. The U.S. Bureau of Labor Statistics reports that 10% of U.S. workers belong to unions. Suppose a sample of 400 U.S. workers is collected in...
Please read the NY Times article. Write a one page paper about your impressions of the...
Please read the NY Times article. Write a one page paper about your impressions of the medicaid funding issues in NY based on the NY Times article, the videos, and the look back issue. https://www.nytimes.com/2011/02/19/opinion/19sat1.html What is the primary funding source for Medicare and Medicaid? What is the difference between Medicare Part A and B? What does the waiver program allow states to do? What is the length of time Medicare will pay for long term coverage?
According to the document Consumer Expenditures, a publication of the U.S. Bureau of Labor Statistics, the...
According to the document Consumer Expenditures, a publication of the U.S. Bureau of Labor Statistics, the average consumer unit spent $1749 on apparel and services in 2002. That same year, 25 consumer units in the Northeast had the following normally distributed annual expenditures, in dollars, on apparel and services. At the 5% significance level, do the data provide sufficient evidence to conclude that the 2002 mean annual expenditure on apparel and services for consumer units in the Northeast differed from...
3. What is the definition of an "unemployed" person according to the U.S. Bureau of Labor...
3. What is the definition of an "unemployed" person according to the U.S. Bureau of Labor Statistics? (a) Find out the U.S. rates of unemployment for 1978-2017 and plot them into a graph. (b) The unemployment rate has gone down, which means the economy is doing really well. True or false? Explain. (c) What are the three types of unemployment? Explain each one.(d) What is the natural rate of unemployment?
3.9 [Related to Making the Connection 17.2] An article in The Wall Street Journal in 2015...
3.9 [Related to Making the Connection 17.2] An article in The Wall Street Journal in 2015 reported that the interest rate on five-year German government bonds had become negative: ‘The negative yield means investors are effectively paying the German state for holding its debt.’ The article quoted an investment analyst as saying: ‘The negative yield is not scaring investors away’ (Bartha & Edwards, 2015).3 What caused the interest rate on German government bonds to become negative? Why are investors willing...
from the bureau of labor statistics web page, find the annual averages of the employment status...
from the bureau of labor statistics web page, find the annual averages of the employment status of the civilian noninstitutional population form 1940 to date. Construct a table and chart showing the size of the civilian noninstitutional population, the civilian labor force, the number of employed, the number of unemployed, and the unemployment rates for 1969, 1982, 1992, 2000, 2003, 2007, 2011. Discuss how these variables differed in those time periods
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT