Which of the following help explain the increase in the U.S. labor force participation rate for women?
i. There was a significant fall in the number of children women were choosing to have.
ii. There was an increase in the educational level of women.
iii. Technological change in the home increased the time available for work outside the home.
A) i only
B) ii only
C) i and ii
D) ii and iii
E) i, ii, and iii
D
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List and explain the two phases and two turning points of the business cycle
What will be an ideal response?
Private markets fail to reach a socially optimal equilibrium when negative externalities are present because
a. social costs equal private costs at the private market solution. b. private costs exceed social costs at the private market solution. c. social costs exceed private costs at the private market solution. d. they internalize externalities.