1. Explain how the invention and widespread ownership of the washing machine impacts the MVT for H and the time allocation choice for women in our model.
2. Consider the impact of both women’s wages and husband’s income on a woman’s labor supply decision. Describe how these factors might offset each other for a college educated woman.
3. Consider the article “I Want Your Job, Lady!” What is the labor
force trend described in this article? Do you believe this trend
is permanent or temporary? Explain.